As I mentioned on Friday, I just got the latest Kindle. Here are my thoughts on it so far:
Setting it up was very easy. It only took a couple of hours for the initial charge. Since I bought it for myself, it was already registered to my Amazon account.
It is very light and easy to hold, easier than some of my paperbacks. We'll see what happens once my cover arrives (I got the one that includes a light.)
I downloaded a sample of the complete works of Shakespeare. While it's great to have it all in something so portable, there's no space for footnotes to explain the language. I admit this is one advantage of paper books.
I also downloaded some free books, such as A Little Princess, Swiss Family Robinson, Ulysses, Swann's Way, and some of the Oz books. Some I've read; some I've been meaning to read. The downloads didn't take long at all. I've already managed to read about one and a half books.
The screen is very readable as is, though you can adjust the font and font size.
Turning pages is very easy. It didn't take me long to get used to the screen blacking out between pages, though sometimes I hit the button to go forward when I mean to go back. But it's nice that your spot is automatically saved.
It's a little weird not having page numbers. I'm not sure exactly what the locations mean (each "page" is listed as being a small range of locations within the book. There is a bar at the bottom of the screen showing the percentage of how far you've advanced in the book.
The Kindle allows you to highlight and annotate the text; you even see passages other people have highlighted, though you can turn off this feature.
You can group your titles into collections and choose how you want them organized.
All in all, I'm pleased with it. I don't think I'll give up on paper books entirely, at least not yet. Still, I'm looking forward to reading more books on the Kindle.