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WiFi is useful with a home or office network to move files from one device to another and for printing etc where whispernet is not. Many people prefer to have both and WiFi over whispernet if made to choose.
Nook's Wifi is limited to only connecting to the B&N store for browsing/purchasing books. It doesn't have a browser you can access nor will it allow you to transfer files or print to/from the device
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