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 story of the Plastic Logic Que, a huge-screened ereader, reads like a tragedy. The latest in its saga? All pre-orders of the Que have been cancelled and there's no timeline for release. Yeah, it's looking like vaporware.

Though the Plastic Logic Que, an expensive, amply-screened ebook reader, is still in delay purgatory, the company says that it is already working on a color display that should be completed by the end of next year.

The promising-but-pricey Plastic Logic Que was enticing when first announced, but extensive delays have made it less appealing. Still, major Plastic Logic investor Herrman Hauser selflessly thinks now would be the perfect time for someone to buy the company. UPDATED:

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.

There are too damn many ebook readers and it's tough to figure out what's worth buying and which reader will even survive the market. To make things easy, here's our guide to the readers that matter—for now. Updated.

While Plastic Logic's Que reader is intended for business-minded folks and has a focus on schedules, BlackBerry syncs, and documents, it would still make a fantastic reader due to its size and design. If it weren't $650, that is.

I asked at the announcement if the Nook would get exclusive perks over other Barnes & Noble readers, like Plastic Logic's Que. Shelf space ain't one of them, since Que will cozy up with Nook in B&N stores next year.

Plastic Logic is a dark horse in the ebook reader business, having shown off prototypes of a large, decent-looking capacitive touchscreen ebook reader. Today that reader gets a shiny black finish and an official name—Que.