You haven’t said what flavour it is, but platform agnostic readers like Kindle, Bluefire, eBookMobi and ereader will allow you to search for books via Gutenberg and other sources, and if you register with these people:
http://www.ereaderiq.co.uk/
then they’ll send you daily updates with free books you can download.
Reading on a pad is no different to reading a paperback, you set the page brightness, text size to suit your eyesight, and that’s about it. Easier to read in the dark, mind!
I’ve managed to find lots of ePub copies of old SF books, like Roger Zelazny’s Amber series, which open in eBookMobi, and some, which were paid for, which would only open in Bluefire, because of the Adobe DRM.
There’s loads out there, once you know what to look for, and there’s tutorials available. Most will open straight into the ereader app, others can be dragged from iTunes, there’s lots of different options.
Enjoy, I must have getting on for 200+ books on my iPad, many free, many paid for, I’m sure you’ll find it impossible to put down once you get some good books on it. 😀