I would have loved an ereader when I was a kid. And I think that some kids can handle electronics responsibly, some can't. I have young relatives that have ipod Touches, and they are very good about handling with care. They also have taught me things about computers..kids these days are very technically inclined. My year old niece knows how to work the TV remote!

I love my Kindle but if you want epub, a Nook might be a better choice, or a Sony. Yesterday, Amazon had the Sony PRs350 for $149.