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You can move books off a Kindle quite easily with a USB cable just as if it were a removable drive. You can also download them to your computer from Amazon.
A few points that may or may not matter to you:
Cybook allows you to load your own fonts and has dictionary lookup. You can have multiple dictionaries, which IMO is a really cool feature.
Kindle has dictionary lookup (one dictionary) and content search. It searches everything on your Kindle. I would prefer to be able to pick between searching a given book, specifying multiple books, or searching the whole Kindle. Surprisingly most of the current crop of e-ink readers do not have any search. This was a big deal to me.
One point about content: Amazon's prices are usually lower. Sometimes a little, sometimes a lot. This difference is most noticeable in new releases. If you don't read a lot of new releases the cost difference may not be enough to alter your buying decision.
A couple weaknesses I do find with the Kindle: PDF conversion isn't that great. The keyboard is fine for entering search terms and making short notes. I wouldn't want to do extensive note-taking with it.
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