Amazon is enjoying what are touted to be good sales of the Kindle 2 and the rumor mill is going full speed that a new, larger Kindle is to be announced this week. The buzz deals with a deal that Amazon has supposedly inked with the New York Times to provide a Kindle with a large screen for viewing periodicals like newspapers. I am afraid they may run into some harsh realities if they release such a beast.

The rumor was sparked by an invitation that some journalists have received for a press event:

”We’d like to invite you to an Amazon.com press conference scheduled for Wednesday, May 6 at 10:30 am ET. The press conference is scheduled to take place at the Michael Schimmel Center for the Arts at Pace University, located at 3 Spruce Street, New York City. Doors will open for registration at 9:30 am ET.”

This has desperation written all over this. A large Kindle is not going to stop the death-sprial that newspapers are firmly in the grasp of no matter how cool. Who is going to carry such a large Kindle around with them? No one and that’s a big hurdle to overcome. Couple that with the cost such a device would require and it’s game over before the starting buzzer. The littler Kindle costs over $300, this one would have to run a good $500 and who’s going to pay that to read their favorite newspaper they are already reading free online?