Jason,

Total noob here. Well, maybe not total noob. Been hacking hardware and software and programming since the '70s.

Take a look at Kobo. It is not color. But the daylight readability is hard to beat. Price ain't bad either. There are a few steps too hijacking them but there's ENORMOUS support in the community at large to implementing and for the money it's awfully hard to beat.

I am a huge android fan and there are certainly platforms that might deliver color performance but at 2 to 3 times the price.