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grimo1re:
As the happy owner of a PB360 - I sympathize with your quandry.
To start, the Kindle cannot read epubs. Period. But, if you have a smidgen of know-how (and access to Google and a bit of patience), you can always take any epub and convert the file to mobi, which the Kindle will read. In fact, if the epub doesn't have DRM, Calibre will convert it for you. If it IS DRM'd, then that's where Google and patience comes in -along with a desire to strip DRM on your part...
I understand there is a script you can run to convert mobi DRM'd library books to run on the Kindle (it tricks the Kindle, somehow). Other than that - short of stripping the DRM and converting the library books - there is no legal way to use the public library/Overdrive ebooks on the Kindle.
So, other than that - the Kindle appears to be a great device (disclaimer: I don't have one). The reason I don't have one is because I have the PB360, which I like better than the thought of a Kindle for two main reasons:
1) It reads darn near any non-DRM ebook (including mobi/prc) and Adobe's DRM epubs and PDFs that you can get from the library. With a user-developed FBreader program, the reading experience is highly customizable and, once you get it the way you like, no need for further work.
2) The included cover. I can't begin to stress how awesome the idea of this cover is! It comes WITH the device at no extra charge and you can attach it to the back of the reader whilst you are reading. No need for extra money or weight to get a cover that'll protect your device. I am very comfortable putting the PB360 in my school back pack or my hand bag - with no qualms that I might break the screen.
As you know, no one's preference is the same as any other's. I know you'd be happy with either device (I'd really like the Kindle myself ... if not for the cover needed).
Regardless, good luck on your decision. Whichever one you pick - it'll be a great device.
Marilyn
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