It does not matter how much it costs now. Simple facts that it is possible and technology to produce it exists are important. Within a few years economy of scale and technology optimizations will bring flexible e-ink at affordable price.
This, technology always starts out expensive and impractical. Through mass production and refinement, it becomes practical and useful. Now that it's confirmed possible and somewhat practical, more funding and research is likely to be directed toward it.
It's funny, almost every argument against this e-reader I've read here today I also read when sony released it's first e-reader, well in advance of the kindle. I bought it anyway and had no regrets.