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image The basic Story e-reader from iRiver is on sale in the United Kingdom for £229. Specs:

—Optional touchscreen, 3G and Wi-Fi connectivity.

–Six-inch E Ink screen with 600-by-800 resolution and grayscale.

–ePub, PDF, TXT, Office .doc, PPT, XLS. Plays MP3, WMA and OGG audio and shows JPEG, BMP and GIF.

–2GB of RAM and SD card slot allowing up to 32GB.

–USB 2.0 slot.

–Battery life of 7000 page turns.

So, gang, is there anything to get excited about, especially at the price, equivalent to about $400? Look at the photo of the screen; notice phrases like “Author”? Does this mean searching capabilities? Or is the page merely a static summary of metadata for a particular book?

Meanwhile, assuming there’s a there there, to use Gertrude Stein’s phrase, I’m curious when this reader will debut in the U.S. SlashGear, which wrote up the unit and talked of “library optimization,” tried to find out but couldn’t.

The Kindle angle: I don’t think this will make much a dent in Kindle sales right now because of Amazon’s close integration of hardware with its e-bookstore, not to mention the iRiver unit’s price. Let’s see if the ePub interests can indeed come up with a common DRM scheme and universally usable stores within that format. Of course, I can think of a superior shortcut: no DRM or maybe social DRM.

Update on the Adobe DRM piece: Might appear here Sunday rather than today.

Related: A favorable Register review (“ideal for ePub files”), Google news roundup and YouTube ballyhoo.

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