I love reading, and have decided to plunge into eink. After two weeks of near-constant (agonizing, exhausting) internal debate, and reading hundreds of posts on this site, I ordered a PRS-505 last weekend. It's en route to me now, and should reach my anxious paws sometime next week. (EARLY next week... I hope.

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Now I'm wondering if I made the right decision. I'm concerned about content availability, and am considering sending the Reader back, unopened, and ordering a Cybook 3 instead. I'd be interested in your opinions on the matter before I tear into the Sony packaging.
The relevant facts...
- I used to reside in the US, but don't anymore. I still have a US mailing address and credit card.
- Most of my leisure reading is "the classics" -- PG stuff. However, I would like access to current / recent releases (primarily nonfiction). I've perused several ebook stores, and there are many commercial offerings I'd like to buy.
- I expect to read a lot of my own stuff. I'm a magazine editor in one of my roles, and hope to move a lot of my submission reviewing off paper and onto eink.
- I also expect to make extensive use of the available conversion tools to read online news sites offline.
- I'm cozy with the Unix command line and XHTML, so converters don't scare me. (My main dig is OSX, but I also have access to XP and Linux boxes.)
- I much prefer the PRS-505 design (form factor and UI) to the Cybook's.
- I'm assuming this will be my first dedicated reader, but not my last. Something better will come along, and I expect to be upgrading within 18 months or so. This is important because I don't want to be tied to a DRM scheme that has no future.
So, the options seem to be...
- Keep the 505, register as a US resident in the Connect store.
- Keep the 505, buy MS Reader books and use convertlit on them.
- Keep the 505, read only the stuff I can get DRM-free. Wait (hope? pray?) til Sony gives us access to Adobe Digital Editions. (Sometime next year. Right? Right? Please? Pretty please?)
- Return the 505, unopened. Pay shipping and taxes as a penance for my impulsiveness. Order a Cybook 3. Wait til they start shipping again. Wait some more. Buy into Mobipocket DRM.
Where I need help from you...
I'm having trouble with this decision because I don't have definitive answers to a few questions:
- Options 1 and 2 seem like easy answers, but are they legal? Are they morally wrong? (I know the legal issues of converting have been addressed in other threads. I'm not convinced there's a definitive answer yet.)
- If Sony were to give us access to DE on the 505, does this mean I'll be able to purchase and read the books that ebook stores (e.g. Fictionwise) label as "Adobe Reader" books?
- As I understand it, most of these are PDFs. Is this correct? Does this mean they'll be almost illegible in the 505's tiny screen?
- Does Mobipocket have a future, or is it due to become Kindlewear (or a victim thereof) at some point? (Note: Kindle is not an option for me.)
If Adobe DE on the 505 is a real possibility (from what I've been reading, it seems to be), and this gives me access to purchasing and reading "Adobe Reader" books, I think I'll be happy with the 505. The sole reason I'd consider a Cybook over the Sony is Mobipocket DRM; it seems I can legally buy and download Mobipocket books where I live.
Am I making mountains out of molehills? What do you think?