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Pro It has a front-lit display
This means you will be able to use it in the dark as well.
Pro You are not limited to Inkbook's ebook selection
This reader will let you import e-books from other retailers, and it supports Adobe DRM for EPUB and PDF.
Pro It runs on Android 4.2
That means you can run android software on it, including thousands of apps directly available from their built-in app store like Moon+ Reader, Kindle, Kobo, etc.
Pro You can listen to Audiobooks
It has a standard 3.5mm headphone jack, which you can use to listen to audiobooks or just to music.
Con Big screen, low resolution
Despite the screen being 8 inches, it has a fairly low resolution: 1024x768 with only 160 PPI. Ebook pictures will not look so pretty on this display.