Interesting! To me, it does. Now I'm no luddite: I own a kindle and use it a lot. It's convenient. But to me the experience is definitely different from reading a paper book, in multiple ways: I read randomly, going back and forward a few pages multiple times, and this is currently cumbersome in an e-reader. Also, I enjoy book cover artwork -- I enjoy the look of a book -- and while it is displayed in the book list of my e-reader, it's just not the same. I want to see the book cover every time I pick the book, and in full color. I want to smell the pages. To me this is part of the experience of reading.

Still, the Kindle is so damn convenient. It's just that it's not the same pleasurable reading experience for me. It's not true that the Kindle "disappears" like Amazon claims -- or maybe, it actually disappears too much!