Either that or go to the Tras
h link, select the book(s) you want to restore and select the UNDELETE button. This will return it to the I'm Reading
section, and either a WiFi sync or Desktop sync will recover the book.
The direct links are:
I'm Reading http://www.kobobooks.com/library/reading.html
I will admit though I don't understand the difference between Purchased
and I'm Reading