I voted that I'm happy with the proviso that I hope my exchanged Kobo continues to work.
I was very frustrated with the storage error--unlike some, I couldn't even read my books and was glad to see it fixed.
Then my screen died and Chapters exchanged it on the spot (2.5-month-old Kobo). So if I don't have any more screen or defect problems, I'll be happy. I don't think I'd be happy if I didn't live in Canada, from what I've heard.
My point of comparison? I've got a Kindle 2 that is almost 2 years old with no problems.
It's been taken everywhere. The only thing I've had to do is get a new charge cable for it.