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To discuss Watchmen and its relation to LOST on the Forums, see this thread. Please also consider voting for future reads on this thread, as we want your ideas! As usual, you can also discuss the book on Lostpedia's IRC Chatroom too. Hope you enjoy it!
As for February, it's been decided that we will move back to the work of Stephen King, and read "The Stand" - referenced so many times by the writers as a huge influence on LOST, you wouldn't believe. Thus, it's a great choice for the on-season time. Check out Amazon here for buying, and here for libraries in the US so you can borrow.