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Get a Sony Reader PRS-505 for $199.99

Usually priced closer to $300, the Sony Reader is finally available at a discount. It's not on par with the Kindle, but it does offer a terrific screen and some unmatched features.

Want an Amazon Kindle but can't stomach the $359 price tag? (Me, neither.) This might be the next best thing: Borders has the Sony Reader PRS-505 for $199.99 shipped. (Apply coupon code SONY505READ at checkout to get that price.)

Like the Kindle, the Sony Reader is an e-book viewer. Though it can't download them wirelessly, Sony's eBook Store does carry about 100,000 titles as well as half a million public-domain works from Google. Alas, most of the commercial books are priced a few bucks higher than Amazon's.

Before jumping on this deal, you'll definitely want to read David Carnoy's review of the PRS-505. You can also see his video review up above.

Much as I'm liking this price, my e-book reader of choice remains my iPhone. I've gotten a surprising amount of flak for this (notably in this post about freebie books--many of which are still available, by the way), for reasons I don't fully understand, but I still can't see buying and carrying a separate, single-purpose device when I can read comfortably on the device I'm already carrying.

What do you think? Is $199 a good entry point for an e-book reader with a nice, big screen? If so, act fast: I'm not sure when this code expires, but probably quite soon.