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Technology
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E-ink is a very specific display technology with ink particles floating in oil controlled by magnetic fields. They don't explicitly state what this Live Paper exactly is, but they do state it's something that solves the downsides of typical reflective LCDs, so, probably one of those but better.
Actual e-inks have the benefit of looking like ink blobs on paper and not square pixels, and the image staying even when power is completely removed, and the massive downside that because they are being physically moved, it actually takes a bit of time so they have terrible refresh rates.
Yeah it looks like a transflective LCD with an (optional) almost orange internal light. Would it make a decent e-reader or note taking device, sure, but it's not e ink.