IMO the new paperwhite is definitely "too good to pass up." I was waiting for the 2nd gen Kindle Touch, and it has exceeded my expectations in most every respect. It appears to be the best thing currently on the market. Of course that is an opinion that could change, once I have one in hand. And there will be things about the Sony T1 that will remain superior. I expect the PW will leave the Kindle Keyboard in the dust.
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