When I purchased this item it was still running $150.  At the current price, I think it's a good deal but I'm not sure it would be my choice if I could roll back time.  I originally purchased this because I wanted to rent ebooks from the Library and that wasn't an option with the Kindle.  Now, they come for the Kindle as well as in epub and pdf formats.  You can basically use any ereader to rent these now.