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I know nothing about the Cybook so it is hard to answer specific questions.
A Kindle will be able to read any non-DRMed Mobi books that you have. If you have bought books that are DRMed and readable on the Cybook, they will not be readable on the Kindle. If you are comfortable with the legal, ethical, and technical issues you can strip the DRM and put the books from your Cybook on a Kindle.
The K3 and Sony have the Pearl Screen which is the best e-ink screen currently available. I would guess that the screen is better then the Cybook.
If you want to use the wireless capabilities and collections you will have to register your Kindle with Amazon. It is painless. Essentially you create an Amazon account which gives them your name and address. You have to give them a credit card number if you want to buy books directly from your Kindle.
Kindles are not sold at Barnes and Nobles. You can buy a Kindle at Staples, Best Buy, and Target.
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