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I have a K1 (since Jan '08). Although I love it, I am upgrading to the $189 version because I want:
1. Collections! K1 owners did not get that upgrade
2. Better screen contrast -- not that important to me, but in low light it probably helps.
3. Faster -- not important for page turning, but for dictionary use etc.
4. 16 shades of grey -- nice for images!
5. The ability to search within 1 book for a keyword rather than the entire library. That is another feature never pushed to the K1.
6. Longer battery life when connected to the internet (either wireless or 3G).
I probably will trade my K1 into GreenEarthExchange after a few weeks of playing with the K3, just to recoup some of the money I spent, but not sure yet.
k4k
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