While I've been watching the eINK readers for a long time with special interest in the ones that can do Color I'm sorry to say that the color vs B&W price delta is still to high to consider a color device.
Oddly after reading about this device I plunked down on a B&W one.
Pocketbook has brought the InkPad Color 3 to North America, a month after the E-reader's European launch. The PocketBook InkPad Color 3 can display up to 4,096 colours and has a sharper display than its predecessor, the InkPad Color 2.