Electronic competition

Recently Amazon.com launched its electronic paper product Kindle. I remember talking about the possibly of electronic newspapers in JRN 108 two years ago, but I never really expected it to become a reality so quickly. That kind of technology still feels a little sci-fi extravagant to me.
But online media continues to be a major alternative to traditional print, and this kind of innovation really threatens to date printed news as nostalgia instead of cutting-edge.
Obviously with a $400 price tag, I don't expect Kindle to abolish the print version of the New York Times any time soon. But there are some distinct environmental- and convenience-related benefits to investing.
But what does Kindle ultimately mean for us, the fledgling reporters-to-be? Are we learning a model of writing just as it's becoming outdated? Is it possible to consider a future with no Sunday newspaper ruffling over corn flakes because it's been replaced with a touchscreen?
Although, it might be too soon to tell. With new technology, if it's not brought to the mainstream through some celebrity or other, it's liable to go the way of the Sega Saturn.