iPad: No "ragged text" or hyphenation option in iBooks e-reader?

From Fox News: Clayton Morris and fellow reporters use the Apple iPad, examining the e-book functionality.

Rumor has it that the iBooks e-reader currently does not let readers choose an "unjustified text" format. I hate reading justified text but am assuming that future version of iBooks will fix this. From a post by John Gruber:

iBooks uses full-justified layout for books, with no apparent option to switch to ragged right. It doesn't do hyphenation, so you wind up with very unsightly...