I had many problems with a large HTML book (Rainbow's End by Vernor Vinge). It would open, but links took forever to navigate from the Table of Contents. I say forever, since I would lose patience and flip the page bar; it would then display some page before I was trying to navigate to. The HTML was all just text. I eventually gave up and made a PDF with HtmlDoc. No more problems.
Bottom line, I thing the HTML reader is broken for large documents.
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