I still believe that one of the great features of the Kobo is the ratio of screen to controls, which leaves the device feeling more like a book than purpose-built computer or over-sized Blackberry. As others have said, the Kobo was relying on price point and access to a great library to win over a part of the market. Now that this strategy may no longer be valid, it will be interesting to see what comes up on that front.
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