I added another thread writing as quickly as possible to the mix (7 readers, 1 writer), and this brought the read rate down to about 45/reads per second per thread. Still more than 10 million per day, so technically I am right.
Also, I don't doubt that MySQL and Postgres (and BDB) are both significantly faster than this. It's just that SQLite is not going to guarantee "instant failure" of your project, as the article implies.
(One thing to note -- every time you type a character in Firefox's address bar, you are doing an SQLite query. It is Fast Enough for many, many applications.)