I'm not one to over-specunosticate, but sometimes things are what they are. Like the Amazon tablet.
The Device –
At a bare minimum, Amazon has been working on a multitouch color device with Wi-Fi since at least early last year, if not earlier. It bought a multitouch company called Touchco, and merged it with Lab126, the subsidiary that works on Kindles. Then it put out calls LCD specialists. Another name for a multitouch color screen device? A tablet.
- Gizmodo

i figure it might just be the next generation of the kindle. it wouldn't surprise me if they did come out with their own version of the ipad, but since their isn't much difference between the kindle and the nook, i figure amazon will just upgrade the kindle to color, add a touch screen, more mp3 support, and upgrade the internal memory or add the ability to use an sd card. the nook e-reader is in color, has wi-fi, and is a touch screen. my niece has one and she likes it, but her mom prefers the kindle, even if it isn't in color. i find the color doesn't bother me. the words are gonna be in black and white no matter what anyway.