Thanks for some good suggestions

Pocketbook 360 looks really nice and I was almost about to order it, but I'll hold off for a while. I'll borrow a friend's Kindle and see how it copes with different file formats.
Since it reads a few other formats alongside it's own and Calibre seems to be a beast in converting formats, it could be that with Kindle, I could still be able to read stuff from local bookstores once they start cranking out ebooks.
But if that fails, I'll prolly buy the Pocketbook 360.
Granted, you can see the whole ebook thing is just starting to wind into a gear. Loads of readers, file formats, DRMs, non-DRMs, good readers, bad readers and whatever the future holds