My 2 Cents:  I wrote a little about this earlier but it seems that there is a lot of buzz about the potential of this technology.  With the advancements of multi-touch technology it will be amazing to see how this technology grows and develops

The kids at tgdaily have a hands-on video of Plastic Logic’s biggie e-reader unveiled at DEMO earlier this week. With it, they’ve also nabbed a bit more information on this potential subscription-based, Kindle killer. The 7-mm thin reader connects via micro-USB to a PC to charge the unit or transfer documents. Documents can also be transferred over WiFi or Bluetooth (no cellular radio?) — the reader can even communicate wirelessly with other readers to transfer documents. The 8.5- x 11-inch touchscreen allows for gesture control, as we heard, with the added bonus of quick and easy on-screen annotation of any supported media type such as Word docs, PowerPoint slides, or PDFs. Plastic Logic says they don’t plan to compete with Kindle directly, instead, it’s targeting business mobile professionals with “a lot of documents already,” not those who will get all their content from the Amazon store.
Of course, a variety of leaks have already made it clear that Amazon’s not exactly standing still with its Kindle reader with larger and more, eh hem, attractive models in the works. Sony, too, is planning a special Reader-based event next month. So… is 2009 shaping up to be the death of print? Oh hells no — but it’s certainly getting a lot more interesting.

Update: DEMO launch video showing a complete walkthough of a prototype device now posted after the break.

Plastic Logic’s e-reader vs Amazon Kindle… fight! (updated with video) – Engadget