Watch New Amazon Kindle Fire Official Presentation Video | Music, Videos, Apps, Books & More

With web capability, ebook reader functions, app functions and more, the Kindle Fire looks like it takes the best of all electronics and puts it into one handheld package.

Amazon CEO Jeff Bezos announced the Kindle Fire recently, the company’s first tablet computer, at an event in New York.

And the first reports are looking… well… good.

Okay, I have a lot of problems with Amazon and their products, but this Kindle Fire thing? It looks pretty damn cool.

As much as I like looking at this and looking at all it can do, I know when a company is trying for a monopoly when I see one…

It’ll be interesting to see if the public lets it become so.