E-Readers are still a fairly young type of product, which means the market is currently glutted with different company's takes on the idea. Some of them, like the Barnes & Noble nook, are really cool looking gadgets that could end up establishing an e-reader dynasty. Others, like the Sony Reader, are about as exciting and inspired as a pair of flannel pajama bottoms. I'm not sure yet which category Cyberus' new ID700WTA “Smart Info Engine” falls under, but I've got strong suspicions it could end up being awesome.

The ID700 isn't a dedicated e-reader, of course. Cyberus bills it as being a hybrid reader and personal media player. I think they need to stop splitting hairs and just call the damned thing a tablet PC, but that's just me. The ID700 has a 7” LCD screen, and comes with a protective folding cover that makes it look slightly more like a book. While Cyberus doesn't run their own e-book store, this reader can handle most e-book formats and, as an added blessing, can read PDF files.

If you're not in the mood for a read, you can always browse the Internet on the ID700's LCD touchscreen (it has WiFi capability) or watch movies/listen to audio in all of your favorite formats. Cyberus finally took the plunge and made a reader/PMP that seems to be half-dedicated to people with vast, varied media collections. It can handle AVI, MPEG4, DIVIX, XIVID, WMA, JPG, BMP, TIFF, PNG, TXT, and PDF files.

That's right, torrent-fiends, someone finally built a media player that actually suits your needs. And the price on this one seems very reasonable; Cyberus says it's set to MSRP for $279. As a warning, I have no experience with this product yet. You're going to want to wait until several good reviews get posted before you make a buying decision.

On paper though, the ID700 seems like the tablet/player/reader we've all been waiting for. Time and testing will tell if Cyberus can actually deliver on all of these lofty promises.