My wife writes/reads books on eInk devices and I do reading, browsing and shell/coding. It works really well.
- Screen must be backlit. E-ink screens look great in perfect sunlight and fluorescent lights , but if you're used to a phone/tablet, you'd be surprised how dim e-ink can look just sitting on a couch in the evening, with a lamp a few meters away. Backlighting fixes that.
- Web browsing on e-ink is not bad at all if you stick to text-heavy stuff. The low refresh rate actually discourages "endless scroll" behaviour. Get a browser like Kiwi that allows you to set the Vol. keys as PgUp/PgDn. That makes the lag a lot less perceptible.
The battery life and visibility in the sun are both great features. I'm hoping the middle part of the spectrum between the eInk phones and the iPhone/Pixel starts to fill in. Something more along the lines of the Wise Phone (https://techless.com/).
The way I describe it: persistence is free, pixels are cheap, paints are slow, colour is (mostly) nonexistent. I find the interface far less distracting than emissive displays.
My own leaning is toward the dumbest phone I can find (though an e-ink display would be excellent), an e-book tablet, and a good laptop. Tablets are excellent for reading in ways that neither a smaller phone nor landscape laptop are.
I use a normal Android phone and a phone sized Android e-reader. IMO, doing anything beyond reading long form material on an Android eink device is too painful to replace a phone because most apps have animations and lots of color.