I find text to speech quite useful. I can plug it into my car stereo and always have something to listen to. After I finish reading to my daughter, I put a book on TTS for her. (She'd have me read aloud to her until my voice gave out)
When I first used TTS, I found it pretty awful, entire sentences would just sound like gibberish. But then I got used to it, and it sounded much better. I had thought they had improved the quality, but my brain just became trained to listen to it. If I upgrade to a Paperwhite, I will still keep my Kindle Keyboard just for TTS.
TTS may not have been a huge selling point for the Kindle, but they had already put the money into it. Losing TTS is a side effect of removing audio capability from the e-ink Kindles. Removing TTS wasn't a money saver, but removing audio capability does save money. Amazon saw that people just weren't interested in using the e-ink Kindle for audiobooks.
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