I loved eReader on my PDA for years until it finally died. I replaced it with an iTouch and was looking forward to be able to read my ebooks on it. The first version worked well, but was missing a lot of the features of the old eReader. This new version takes care of a lot of them. Being able to make the screen inverse when its dark out and being able to turn pages by swiping my thumb up instead of to the side makes thing much easier. The only thing that is missing now is the ability to load books that I have created locally from my wife's writings. Hopefully this is still coming soon.
Once that is added, this will rate another star.