For some time now it has been rumored that Amazon would be releasing their new e-book reader in the near future. Well, this one can officially be removed from the rumor list, as Amazon has indeed spilled the beans on their new Kindle e-book reader. I have to say, this is one of the coolest products of its kind that I’ve seen thus far.

If you’re not familiar with the term, an e-book reader allows you to view books, magazines and most other types of print material on a device that’s usually close to the size of a piece of paper, and relatively thin. The great thing about these products is that they use almost no power. The eInk technology only consumes power when changing what is displayed. The image can stay on the screen for as long as you like without taxing your battery.

Amazon’s new Kindle may be the product that really changes the way we look at the e-book market. The big news? It will feature 3G internet connectivity (from Sprint’s network) that allows you to download books, magazines and even newspapers from Amazon’s store. Books will sell for around $10, and magazines will be around $1.25 per month. You’ll even be able to subscribe to some of your favorite RSS feeds for a $2 per month fee.

My only disappointment with the Kindle is the lack of PDF support. That aside, I think this will make a great reader. You’ll be able to pick one up on Wednesday for $399.

Source: Amazon