I am of two minds with Kobo (though the part that loves it clearly has won out). On the one hand, Kobo firmware/software seems to be a bit half-baked upon release of new devices and as they continue to build on it, there are bugs and annoyances along the way. On the other hand, they do build on released software and do add valuable features that were not on the devices at release.
The first Kobo is no longer being developed, from what I can tell. Kobo WiFi is still in production and is apparently going to go through a development/beta process that will see some new features. We have had a number of very nifty additions to the Touch, with more to come.
My decision was that I'd rather go through the process with Kobo then buy a reader that will probably not get a feature update. The other day I ran into someone reading on a Touch who was not as pleased with it as I am. Turns out, he had never updated the software at all. He was using whatever was on the reader when he bought it, had never turned on the WiFi or connected to the desktop after going through the registration/setup process. People who use their readers in this way might well be better off buying something more "perfected" at release, even though ultimately, it might not be as advanced at Kobo products might become.
Last edited by taming; 10-22-2011 at 10:07 AM.