I have 4 e-readers on my ipod: Stanza, Kobo, Bluefire and iBooks.
Bluefire doesn't seem to be able to export notes or highlighting, but this app is fairly new and they seem to have a strong presence on this forum. Perhaps you could put in a wishlist request.
Stanza (lexcycle) was bought by Amazon - I don't expect any more updates.
Exporting notes in iBooks is new(?) for the latest update (not 100% sure on this, but don't recall seeing it before). Moving in the right direction, at least.
Kobo so far is the least useful IMO. No search, notes only export to Facebook. Latest update freezes every third or forth page turn unless set to scroll mode.
Perhaps Calibre can help.
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