Amazon's color e-reader now comes in a 16GB version with no wireless charging or auto-adjusting lighting feature for $250 or $30 less than the Signature Edition. A new Kindle Colorsoft Kids is also available for the first time.

Amazon announced the Kindle Colorsoft with 16GB last week, and everyone is excited about it. Will you buy one now that it's available?

Amazon’s newest Colorsoft e-reader is downgrading storage so it can upgrade your bank account. A new version of the Colorsoft Kindle —Amazon’s first-ever color e-reader—will come in a 16GB version that cuts the e-reader’s storage in half compared to the first generation but also debuts at a slightly cheaper $250 compared to the first-gen’s $280.