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FoxIt has recently introduced their ebook reader—the eSlick.  To begin with, they seem to have reached a pretty attractive price tag at $229, but the reader is lacking when it comes to format compatibility.  As for features, the eSlick has a 6-inch display with a resolution of 800 x 600, 128MB of internal memory, and an SD card slot with support for up to 4GB.  The reader is powered by a rechargeable lithium battery that is said to offer up to 8,000 page turns.  Additionally, it measures in at 7.4 x 4.7 x 0.4-inches, weights just 6.4-ounces and ships with a 2GB SD card and a set of headphones. 

Now, as far as being a competitor in the ebook reader market, the price tag is certainly nice, but like I mentioned earlier, the eSlick does not offer a wide range of file compatibility.  It has support for only PDF, TXT, and MP3 files.  It does come with a conversion tool, but that just adds yet another step before you can enjoy your reading material.  Not to mention, it does not have a book store of any sort.  The Sony Reader has access to their eBook Store and the Kindle takes it a step further with wireless access built-in.

It is hard to judge without holding one in hand, however it does appear to have a nice design.  I would be interested in getting some hands on time, but based on the format support I would think that version 2 may be worth waiting for.  It sort of seems more like an expensive PDF viewer as opposed to an eBook reader.

Product [Foxit]  Via [Yahoo! Tech]