After canceling all pre-orders, Plastic Logic has completely cancelled the QUE ProReader. They claim, however, that they are working in a second generation. Apparently, they realized their product was dead-on-arrival because of the changes in the market.
The Plastic Logic QUE, also known as the promising but $650 Nook alternative, has been delayed until summer. By then, will you still actually want an oversized eBook reader? For $650, upcoming Apple and/or Android tablets are looking pretty good.