Here's an update on that project (it got funded with $535K from 1731 backers)
http://www.meetearl.com/updates/To put it mildly, I have a few concerns (we need a "red flag" emoticon)
Looking at the caption-less images one would think they are already in production, however from the text it seems like these are snaps from a factory tour. They just figured out the manufacturer - after it didn't work out with an "engineering firm in Bangalore".
But don't worry, they are "really pushing to start production sometime in August."
The following statement makes me VERY doubtful about their original claims about ruggedness (waterproof!) and unique feature set, sounds more like a generic cheapo android tablet to me:
The beauty of our new partnership is that once the final hardware design is ready for manufacturing, their contracted factory can start production immediately.
Oh, and they just "decided to build the RF system as a separate module which will allow [..] to use the base system with several different configurations". Are they related with the Mu folks?
Being from Seattle they at least know their Software craft, no?
Using our specifications, their team will build and load Earl with a special version of Android adapted for E-ink with our software and provide our developers with an SDK for building applications.
It's just a bunch of apps I guess.. can't be much harder than the social apps and web sites the team built before. Should be done with in a month or so.

I really hate to bash this project, as the product idea is great and for that price I would buy it in a heartbeat. But oh the naivety of the young.