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So Amazon announced the new Kindle Wednesday. Two big pieces of newsworthiness here.

One: TeleRead nailed the prediction. I mean, by a matter of hours.

Two: this wi-fi-only Kindle is a contender. It’s only $139 (ships Aug. 27), making it the cheapest E-Ink ereader on the market. Our problems with Amazon and Kindle still exist: the proprietary Kindle format means that you can never completely trust that you’ll always own your books; there’s always a chance that they’ll pull a Yahoo! Music and your ebooks will simply disappear. Of course, this is true of all DRMed formats, but with Adobe DRM, you can borrow library ebooks and not spend money you might never get back. To make matters worse, Jeff Bezos is kind of a jerk, and he frequently does things that are either stupid or just kind of bullyish.

All that said, $140 is a great price—that and the presence of Kindle apps on computers and smartphones makes the whole package quite tempting these days.

As for Kindle 3 (3G version), it’s the same as the old Kindle 2. It’s black now, I guess. A touch smaller. Buttons are a little different. Otherwise the new Kindle is nearly identical to the old, and still not our first choice for an ereader.