Amazon is running a sale today (12/17) on its Kindle with Special Offers. This is the basic model, with the arrow buttons rather than a touch screen. It’s normally $69, but Amazon’s got it on sale for $49, today only. Free shipping, non-refurbished.
So, if you don’t mind a little non-intrusive advertising, and supporting an evil empire in its continued domination of the e-book industry, it would make a great gift for that friend who likes to read but doesn’t have an e-reader yet. Or, for that matter, for yourself. Needless to say, you can sideload any DRM-free MOBI format book, including those from Baen and Project Gutenberg.