I have a Kindle Fire, right? So, not only can I download books from Amazon and great ebooks from sites like Smashwords, but I can also watch movies on Netflix, YouTube, surf the web, Music, yada yada yada. It's almost like having a tablet (or so I understand; I don't actually have one myself. I am way behind in the technology). Here are the pros and cons I have encountered:
You can watch movies with amazing clarity
Quick e-mail, Twitter, and Facebook checks
Look up that cah-razee YouTube video all the kids are talking about
Lots of Apps to play with (which I really don't, but my kids do)
Parental controls for kiddo play (seriously, my kids figured it out in about 2.5 seconds)
Access to Amazon for a bazillion book titles
Lots of storage for said books
I have Prime, so I have free movie rentals and access to free books
You can accessorize!
Easy to use, even for me
Easy for quick browsing, but you are limited on the amount of internetting you can do (yes, I just made that word up). Really, a laptop is more convenient for cut/paste/sharing/multiple window usage.
I am challenged when it comes to typing with a stylus. For in depth writing, a keyboard is the way to go.
I am intimidated.
It's not a real book.
There could be more, but it's early and I need coffee.
In the end, aside from the occasional ebook and fanfiction, I really haven't read much with my Kindle. I still prefer the real thing, but I can see the appeal of having hundreds of books at your disposal with just a click. I can foresee this coming in handy.