Via NPR Blog, Sony unveils new wireless e-reader, perhaps a competition to the so popular Kindle?

Amazon’s Kindle, the portable electronic reader that can wirelessly download books and newspapers, is about to get some competition from Sony which announced today that it will introduce its own wireless reader in time in December. *** The Sony Reader Daily Edition will have a suggested retail price of $399.

What do you think, does Sony stand a chance? Can Kindle use some competition?