To follow up on our previous post, via Engadget, Sony's Reader Daily Edition will launch in December 2009 for $400. It has a seven-inch touchscreen. It enables to pull content wirelessly. The 3G network will be free but limited to accessing the Sony eBook store.
The new feature (said to be a major advantage over Kindle) is
[t]he library finder service, which enables you to check out ebooks and other digital content from your local public library on any of the Readers -- for free.
The New York Public Library is the flashy public launch partner, but there are "thousands more" looped in through a partnership with Overdrive.com -- check out the huge selection of top-tier content you can get through the Chicago Public Library, for example.
The library buys a fixed number of "copies" of each title and "checks out" the licenses, so you're on a time limit -- licenses will revert after 14-29 days depending on your local branch's rules.