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I absolutely love my Amazon Kindle Keyboard and find it to be the ideal ereader. If you're going to be reading for long stretches of time, I highly recommend going with an e-ink based device, your eyes will thank you for it. The new entry level Kindle is priced fairly aggressively http://www.amazon.com/Kindle-eReader-eBook-Reader-e-Reader-S...
I had a very rough time reading on LCD based displays (iPad in my case) for any stretch of time. To elaborate, I found myself having headaches if I read on it for more than an hour. With the Kindle, I can read for hours on in and not have any issues.