Not really. The f30/31 was excellent by compact standards, though it still showed it's limits when dealing with ISO 1600. Also you get very little depth of field control with a small sensor, and no single lens can cover every effective focal length one would ever desire while remaining sharp and relatively distortion free.
For those looking for a device strictly for reading, the new Kobo is a nice little option. It's small enough to slip into a pocket, can do more with a PDF than the competition, and at $129, it's $10 cheaper than both the Nook and Kindle WiFi.
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Can it be hacked to use the sensor of the Fujifilm f31d? They're the exact same size and 6MP is plenty. But wouldnt that kill the sales of DSLRs? Yes.
Not really. The f30/31 was excellent by compact standards, though it still showed it's limits when dealing with ISO 1600. Also you get very little depth of field control with a small sensor, and no single lens can cover every effective focal length one would ever desire while remaining sharp and relatively distortion free.