Agreed ... Foxit's e-book reader "appears as though" it's getting a little closer. For me it's not about page size but price. It seems like there'd be a market for a "light on features" ebook reader for those of us who don't care about whispernet, touch screens or wifi.
Though I don't know that I would be willing to skimp on everything (like a reader with just forward and backward buttons). When I read PDF files on my screen, I regularly use the search features to zero in on things.
Your statement of "as if it had been printed" is intriguing. So the device would have to have something that you can at least plug a page number into (kinda like thumbing to somewhere that you think might be the location you're looking for). At the right price, I'd give up search if it had this as a minimum.