I have the original Kindle Keyboard (Kindle 3G) and jailbroke it to add custom screen savers to it. The only other thing that I would jailbreak it for it custom fonts, but im happy with the fonts already installed. Once jailbroken you can also install other stuff such as a reader to read epub books. I find it simpler to just convert the books with Calibre.
If you are happy with the way your reader works stock then leave it alone
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