The Year of the Ereader?

If last year was the year of the netbook, then this is certainly looking to be the year of the eReader. Just about every manufacturer is either making one or looking to make one- regardless of whether there's a market for it or not.
What I find really irksome about this new trend is that for each new ereader being released, there's a whole new proprietary format cropping up to keep it unique. You need to determine if you want to get your book from Barnes and Nobles, Mobipocket, Amazon, Borders or any of the other large vendors before you can establish which ereader you're in the market for- yep, another walled garden. In this day and age, its to be expected, but doesn't make it any less inconvenient that the moment you decide to get a new reader, you lose most of your ebooks.
As this technology becomes more mainstream, I hope some kind of solution can be found before it becomes a total hodge-podge of single-format devices.

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