The Kindle has many flaws, but it does allow you to read a few different non-DRM formats.
DRM refers to the fact that you can't view Amazon Kindle books on other devices (including your computer), or on other Kindles - i.e. no sharing, the purpose of DRM.
The Kindle is already able to read more than just Amazon DRMed content, it can handle a number of formats.
Devices like the Sony Reader, Cybook, and Kindle DO NOT have glowing LCD screens.
A revolutionary portable reader that wirelessly downloads books, newspapers, magazines and blogs to a crisp, high-resolution electronic paper display that looks and reads like real paper, even in bright sunlight.