The whole point I'm making is that no advertiser or restaurant is going to use color eInk because the contrast and saturation are so terrible.
This isn't like working around the limitations of a medium to develop pixel art, or black-and-white drawings, etc.
Color e-ink is just a worse medium in every way. It's worse contrast at black-and-white (B&W e-ink is far better), and it's terrible contrast and saturation at color.
I don't see it working for signs, ads, or menus at all.
Color e-ink feels like a cool prototype, a proof-of-concept, but that basically demonstrates its limitations don't make it commercially viable for any general purpose.
Wouldn't it be technically possible to reduce the backlight for LCD displays at night? Seeing that it itsn't happening I have little hope that e-ink displays wouldn't be illuminated to the maximum as well ("out ads should be as bright and vibrant as possible!")
New artistic styles often come from the limitations of their mediums. I expect the limitations of color e-ink to be no different.