After teasing you about the Kobo several months ago, one actually did show up in my house; my wife bought one a month or so ago, and really likes it. I’ve compared it to reading on an iPad (which I don’t own either), and find the Kobo a much better form factor for what it’s doing. The iPad is just too heavy for me to want to read with it. I’ll wait until the iPad is lighter before getting one. Don’t care at all for the flicker of e-ink though.
Anyhoo, here are some other, more in-depth reviews of the Kobo and other eReaders: