Books are having their iPod moment this holiday season. But buyer beware, reports the Wall Street Journal: It also could turn out to be an eight-track moment. While e-reading devices once were considered a hobby for early adopters, Justin Timberlake is now pitching one on prime-time TV commercials for Sony Corp. Meanwhile, Amazon.com Inc.’s Kindle e-reading device has become its top-selling product of any kind. Forrester Research estimates 900,000 e-readers will sell in the U.S. in November and December. But e-reader buyers might be sinking cash into a technology that could become obsolete. While the shiny glass-and-metal reading gadgets offer some whiz-bang features, like wirelessly downloading thousands of books, many also restrict the book-reading experience in ways that trusty paperbacks haven’t, such as limiting lending to a friend. "If you have the disposable income and love technology … you should get a dedicated e-reader," says Bob LiVolsi, the founder of BooksOnBoard, the largest independent e-book store. But other people might be better off repurposing an old laptop or spending $300 on a netbook to use for reading. "It will give you a lot more functionality, and better leverages the family income," he says…

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