A Russian tech blog got their hands on the , and they posted a video. It's in Russian, of course, but it's still worth watching just to get a feel for the device. (I especially like the part where they bang on the screen.)
In appearance, it's a very basic ebook reader and PlasticLogic took the minimalist design as far as they could. But it also looks to have a pretty capable suite of software on it.
The bloggers left a comment on one of my posts about PlasticLogic and corrected an error I made. I described the PL 100 as an $800 ereader, and I was right in so far as the retail price. I'm told that the Russian Ministry of Education will be buying them for 12,000 rubles, or around $400.