I just want to give you a heads up that I think I found a problem when using the news editor web part.
I found the problem to be.. that you are not able to set the readmore page property inside the web part properties screen.
The work around is.. to hard code it, and place it on your own page and then link it to another page where the single reader web part is placed.
I think it would be a good idea to allow this property to be set in the web properties if possible.
Unless. maybe there something I am doing wrong ? Im not sure what all the connect web parts feature was about..