The Gen3, build-quality- wise, feels good, I think. It's very light compared to a PRS-505, but I don't think it feels flimsy. The cover (I got the first version) feels good, looks nice and so far, it's protected my Cybook well when I'm on the road.
The firmware, as it stands today, feels nice. It does what it's supposed to do, that is displaying books, without fuss. Folders are nice to organize the library. I very much like being able to use any TrueType-font I like to display (most) books- I believe that's a Bookeen-exclusive feature? With Calibre, it's very easy organizing the books- but I think that's been mentioned.
As far as which device being better or even best, that kinda depends on what you want. I like the Cybook for being a pretty minimalistic reader, but your mileage might vary.
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