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lmm comments on Low Hanging fruit for buying a better life - Less Wrong Discussion
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Netflix and Spotify Premium are pretty expensive. I could see these being worthwhile if you're really dedicated about movies/music, but buying the occasional DVD or downloading music tracks from the likes of Amazon/iTunes Store will probably be cheaper in the long run for most folks.
E-paper readers are interesting, but if I were to buy one I would choose it for openness to homebrew development. That way I could use the e-paper display for other purposes as well, such as running software on a remote box.
In principle I agree. In practice I know I've gained far more happiness from the integratedness of the amazon store, the size of their selection, and the free international internet (it's on one particular model, the kindle keyboard, which you can only buy in the US, but it still exists AFAIK) than I ever would have from running an SSH app or developing my own apps. The refresh rate makes these devices really very limited for general-purpose computing. My advice is to buy a good, open phone, and treat the e-reader as a single-purpose appliance.