E-Phone?

Will the next generation e-book reader be part of your phone? Well, for readers in Japan that seems to be the case.

How does it work:
You pay about $2.50 a month for a subscription to download novels from the publishers website to your cell phone. "The stories are divided into gobbets which can be read in about three minutes, the typical distance between two stops on the Japanese subway." For more on this topic see seattlepi.com

Evidently it is such a big phenom in Japan that more fiction bestsellers are read and written for mobile phones than in any other format.