I doubt print is dead, as there will most likely be nerdy people like me who love reading printed books for a long time. Last night I spent a bunch of time reading astro stuff on my compy, and my eyes were just so very tired. However, this is cool. I heard about it on On the Media, who devoted an entire show to the state of print media. Everybody's touting the Kindle as "Book 2.0", and "the evolution of the book," etc. While I am thoroughly impressed, and agree that it will fundamentally change the way many people read, I doubt that it will kill off books and magazines in print form right away.
True, we may eventually move away from paper as the main source for distributing information, and convert most of what we have to digital form. It's already starting, in fact. But I doubt that they will stop printing paper books within my lifetime, anyways, so what the hell do I care?
Seriously, though, this is the future. I'll continue to buy books at bookstores, because I love the experience of reading them and going to old book stores, and like to be surrounded by them where I live. But man, do I ever want something as slick as the Kindle, too. Why can't we have both?