Qualcomm plans to invest $2 billion in a 4.5 Gen Mirasol production plant. Volume production will being in 2012. The mainly aim to produce 5.7" color panels. There are reports that samples have been shipped to customers already, and at least one 'major client' has started the design-in process.
Mirasol displays claim a 6X power advantage of E Ink, offer a fast response time (enough for Video!) and color.