Well, the Kindle has landed and though it doesn't replace the Palm. It's not backlit, as Imogen says. and doesn't appear to scroll. Also, if I were to prop it against something to read in bed, it would be pressing against the page turner and the rapid fire page flipping would be faster than I could read. I like the feel and the back has a non slip texture that I like because it doesn't fall off the lap if you set it down. I'm all out of bookshelf space so digital books are my present and future.
I'll probably trade it to my daughter who has a newer TX Palm - mine's getting old and the duct tape on the cover is embarrassing in public. After she's done with college and doesn't need it for papers, I'll probably take it back when my eyes need the variable font sizes. It loads and unloads documents, .doc, txt, etc., so it's perfect for school. I haven't discovered all its functions so I'll be back when I come up with more. Oh, and I like the screen savers (I guess time out pictures), they're beautiful - like the Barnes & Noble bags - but better.