I see in tons of examples on the web using the new HttpClient object (as part of the new Web API) that there should be HttpContent.ReadAsAsync
HttpClient
HttpContent.ReadAsAsync
If you are already using Newtonsoft.Json and don't want to install Microsoft.AspNet.WebApi.Client:
Newtonsoft.Json
Microsoft.AspNet.WebApi.Client
var myInstance = JsonConvert.DeserializeObject( await response.Content.ReadAsStringAsync());