MyISAM
InnoDB
Is InnoDB bad for data reading??? What other storage engines should i be familar with?
No, InnoDB is not "bad" for data reading; in fact, I tend to use it as a default engine for all of my tables. Transactions and true relational features outweigh any minor read-performance benefit that you might get from MyISAM (in my opinion).
Edited to add: MyISAM is faster than InnoDB because it is simpler. But, unless you're doing some really high-volume stuff or are using an ancient machine as your database server, you're not likely to see a difference in daily operation.
Other storage engines to be familiar with are Memory
for really fast, non-persistent data storage and CSV
which I will use on occasion as part of data export processes.
This page has a comprehensive overview of MySQL Storage Engines.