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Sony amends regular price to $9.99/book, reduces prices for new readers

The New York Times reports today:

Sony Electronics announced Tuesday evening that it was lowering prices for new and best-selling books in its e-book store, to $9.99 from $11.99….Sony is also introducing two new electronic reading devices: the Reader Pocket Edition and Reader Touch Edition. They will sell for $199 and $299 respectively and will go on sale at theend of August.

How does this change the possibilities for the Kindle?    Since the Kindle is still selling for the reduced price of $299 – equivalent to the Sony Reader Touch edition, I suppose you  can choose for yourself which is more useful:  a touch screen – which reportedly cuts the readability of the e-Ink screen – or the wireless capabilities for the Kindle, including the ability to email documents to yourself, as well as Amazon’s online store.
What do you think?