I lpve my K1. Tavar is hanging around, working just fine. I don't think that the memory card holder or replaceable battery are all that important.
I would not buy an ereader without wireless connvectivity. I like the ease of buying books on the device and downloading them instantly. I would not want a 5 inch screen.
I think you will be fine with either device but I would go with the Kindle.
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