We all like the new feature in Safari 5, Reader, well maybe except the advertisers, it is so pristine as anything we would expect from Apple but as it turns out it is actually based on the work of NYC based design house arc90, namely Readability which is acknowledged by Apple in file:///Applications/Safari.app/Contents/Resources/Acknowledgments.html
1 – create a placeholder bookmark by pressing plus (can be any page), press Save
3 – press bookmarks > press edit > press the arrow on the shortcut you created
4 – press the round x to clear the name and type say Readability
5 – select the bottom field, press the round x to clear the address and paste the text
Now when you want to see only the content on a page you are visiting just tap the newly created bookmark and you are all set.
Just in case you want to enhance your Mobile Safari even more you might want to check out http://ipuhelin.com/en/safariplus/ ,in page text search is a must-have if you ask me.