Newspapers on Portable Devices

We have spent a lot of time discussing the practicability of Kindle in one of my classes recently. The general consensus was divided. Half thought that Kindle would be used by an older crowd, elderly people who couldn't get around to the bookstores very often. This group thought Kindle would be very successful.
The other group did not think that elderly people would be interested in the Kindle at all. Although it supposedly had easy readability, it will be too difficult for many people to adjust to this new form of reading and it will be painstaking to read small print on the tiny device. This group thought it would be used mostly by the businessmen and women who travel often and would use Kindle on planes and during the commute.
I don't think that Kindle will really catch on the way a lot of other portable devices have. It is innovative and interesting, but it costs a lot of money and the perks don't outweigh the cons enough for it to cost as much as it does. It will be difficult to flip back and forth between pages, and sometimes it is just nice to curl up with a REAL book.
I do, however, think that the portable devices designed for newspapers will catch on. People who are likely to use these things, the more career-driven and more affluent Americans, will more likely see the benefits in investing in this over the Kindle. Although you can read newspapers on Kindle, it hasn't really been promoted as something to store newspapers and to eliminate printing costs and hassles, so many people who would like it for that reason don't really think about it that way.