iPod Touch ideas/questions...

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So, obviously along with the rest of the world, I'm salivating over the ipod touch.

Two ideas/questions I have about it, that I haven't been able to answer:

1) Would the iPod Touch make a good 'ebook' reader?

The pixel density is very high (it's slightly higher than the iPhone at 163 pxels per inch)...the ipod had/has(?) ipod notes (I researched this format a while ago; it's really simple markup/ hyperlinks)...but the old ipod screen was too small for reading decent amounts of text...

Even better, eBook format support, but I'd settle for notes support. I can't find any information about notes support.

UPDATE: Ah, the wonders of retrospective research :-) here's a great post from back in January about someones experience with using the iPhone as an eBook reader. Conclusion? Yes, but via well formed websites...PDFs aren't so great, and the local file system isn't exposed.

I still think iPod 'notes' on this large screen would make a fantastic reading experience...

2) Audio recorder/uploader

If the Touch supported a mic input (via third party dock adapters), and you could access the recorded files from the filesystem, to upload via say, a web form, then you'd have a really interesting device for recording and immediately broadcasting podcasts...