After some feedback from the guys over at xda-developers I changed the background of the Reader Widget to a more standard one:

I have also fixed the onclick action so that it work for browsers other than the default e.g. Steel.
The layout of the configuration screen is improved and it scrolls when the phone is horizontal now.
Get the updated version at the usual place.
I have also uploaded this version to the Android Market as a free app. Search for “reader small” and it should appear. If you download it from there please rate it. Any feedback is welcome.