The font size is adjustable on most (probably, all) e-readers. So you can potentially match the amount of text on a decent sized paper back or even hardbound book or enlarge the font to provide, as you say, a paragraph's worth of text or even less.
The kindle and other 6 inch, like the bigger Sony's are pretty standard. I understand the 350 is smaller (5"). There are larger screens and you will pay additional for them. But if you can see the kindle locally, you can get an idea of how that size works for you. The Sony would be overall smaller since it does not have a keyboard but the same size screen.
And as mentioned, there is a subforum for comparisons as well as forums for many different models to ask more specific question.
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