I'm weighing these options too. In terms of device design, user interface, and read (i.e font styles) I like Kobo touch the most and Kindle Touch the least. However, I am a prime user so it's really hard to turn down the opportunity from the Kindle lending library. I'm torn whether it is worth picking my less preferred reader for the 4-5 books I'm interested in reading in the Kindle lending library. Kindle has been expanding their lending library, and I wonder if it will include many more books I'll be interested in the future.
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