The future of reading

I've heard a lot of talk about The Future of the Book lately, and lots of nonsense about Are Ebooks Going To Kill Reading.

I read paper books and eBooks (on my iPhone, but am hankering for an iPad). Both have advantages. I can read a paper book in the bath without worry. It won't ever run out of battery. I don't have to worry about format or DRM etc. But on an eBook, I can highlight and annotate, and search my annotations. I can tap on a word or phrase or name and look it up in the dictionary ...