E-book readers are SUCH a hot topic right now.

This week, Amazon announced that it reduced the price of its Kindle 2 by $40 and launched an international version with a built-in AT&T SIM card. Barnes & Noble then leaked news of its new handheld digital reading device, scheduled to launch next spring.

In the video above, a Barnes & Noble rep explains how the company’s new e-reader will work. He notes the device’s key points of differentiation from the competition — it’s designed for lengthy reading and it’s a color device.

This is exciting for two reasons:

1. The added competition will probably (eventually) force Amazon to further reduce the price of its Kindle…affordable e-readers = yay!

2. Now I can read my entire collection of Dr. Seuss stories in one sitting without forgoing the stimulating, colorful pictures! (Kidding.)

-Andréa S.