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I've had a Kindle since they first came out. You can look up words you don't know with its built-in dictionary, and get the back story of a person, event, or whatever you want, through Wikipedia. So it improves your vocabulary and comprehension greatly. Magazine and newspaper subscriptions are available at 1/3 the cost - often more. It has a web-browser and email functions, but it falls short in that area.
The type size is adjustable and the page turning mechanics are far superior than that of a printed and bound media artifact. So you can read faster, a lot faster.
You can also load music into it - I read to a relaxation recording, or Cool Jazz.
Books average around $10 but the Rhode Island Library System has recently launched a loaner program. You get the book for two weeks, then access to it is gone, unless you renew or take it out again. I think the book count is 5000 at this point, but they expect it to be quite vast in time. I prefer it to traditional books to the degree where I almost never read a traditional book any more.
I think the IPAD Kindle feature is back-lighted which causes eye strain, same with the smart-phones. You don't want a back-lighted e-reader.
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