I haven't read all pages of this thread, so this may have been mentioned.
I think mobi files have a problem with page numbers...they can't do it accurately. I had a Bebook as my previous reader and always used mobi. But the page numbers were way out, and if you changed the font, the number would be different. And if it crashed, when you rebooted the number of pages would be different. A nightmare really. Also they were never accurate...I had one book that turned out to be 1000 pages fewer than indicated!
I think the locations is just fine, and knowing the percentage read is accurate enough for me.The Kindle 3 is a dream.
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