Pros and Cool Features of the Kindle Keyboard: Lighter than a paperback book, web browser, at least a month-long battery life, great e-ink display (It doesn't hurt my eyes after a while like a computer screen does), classics are free, simple and easy e-book buying (They're delivered wirelessly), you can get great word and puzzle games from the Kindle Store, you can write notes and highlights in the e-book you're reading, you can change the font size, e-books are cheaper than print books, you can get free samples of e-books, and you can borrow e-books for free from your library's website.
Cons: There aren't many, but sometimes it's nice to be able to glance at the cover of the book you're reading, and feel its solid weight in your hands. I also really like looking at my bookshelf full of real books and picking one out. I'm definitely not going to give that up completely.
Like I said, I don't want my Kindle to ever replace real books, but I do love keeping all my e-books in one place, and I read most of my books on it now. I, personally, didn't get a touch-screen Kindle because I like the nice button-controlled feel. So, if you're looking in to getting an e-reader, I'd say the Kindle Keyboard is a good option! But if you don't want to spend all that moolah, you can get the free kindle app for PC, Mac, iPhone, iPad, BlackBerry, and Android phone. Happy e-reading everyone! :)