Kindle 2.0 out in October?

RumorsCrunchGear is reporting that Kindle 2.0 could be released as early as October.

The first is an updated version with the same sized screen, a smaller form factor, and an improved interface. The source told us that Amazon has “skipped three or four generations,” comparing the old Kindle to the 1st gen iPod and the new version to something like the sexy iPod Mini.

The second new model, which is shaped like an 8 1/2 x 11-inch piece of paper, is considerably bigger than the current model and should be available next year.

Both models should come in multiple colors and may be aimed at younger readers.

I’m particularly interested in the new model, rumored to be shaped like a standard piece of paper. That, coupled with color, make me believe that Amazon may be targeting textbooks.

As I’ve written previously, the textbook market is perfect for Kindle. The new size and color make it both easy to carry with traditional books and ‘cool’ to boot. (I frankly don’t get the color issue myself, but the demand for pink is tremendous.)

However, the release date of October is a huge miss for this textbook season, which starts just about … now, and gets really big in August until finally petering out in September. So the signals here are a bit mixed.

No doubt Amazon wants the updated first version to be available for the holiday shopping bonanza. That makes complete sense. But if the second model is essentially a Kindle textbook, I just can’t see it being a hot gift. I mean, it’s not socks but getting a digital eTextbook reader isn’t exactly ‘fun’ either.

The drum beat for digital textbooks is getting louder with the closure of Textbook Torrents and Amazon would be wise to aggressively jump into this market as quickly as possible.

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