The Kindle,is Amazon’s #1 bestselling item for the  past 2 years. I paid about $300 for mine. I still use it often. I love how readable it is and that I don’t have to pay per month to use it. I noticed real quick that if you subscribed to blogs you can quickly run out of storage space. So even though I’m not sad I didn’t wait, the newest update would push me to make the decision to buy one if I didn’t have one already.

The new Kindle ships late August and is just $189 (keep reading for the even less expensive option) and features:

• smaller, lighter, and faster
• has built-in Wi-Fi
• 50% better contrast for sharper fonts and clearer text
• more than double the storage capacity
• a new graphite color option and more—
• free global 3G wireless—no monthly bills or annual contracts (I should add, unlike the iPad)

The big news is that Apple is also debuting a Kindle version that doesn’t have built-in wifi for just $139.

As far as the iPad goes – it’s MUCH more expensive and does a lot more than the Kindle. So if reading is your passion and you don’t have to have the latest, stick with a Kindle. It’s easier to read but is not in color or touch screen. The battery life is incredible.

Read Shelly Palmer’s answer to the question Kindle or iPad? It’s the best I’ve seen. You can buy an iPad at Amazon. I will eventually get one, but I’m holding out for the price to drop. Apple could really get my share of wallet – as in drain it fast.

I’ve noticed a lot of women at the conference I’m at have an iPad and a red stand up case.