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This really needs moved to the "Which one should I buy?" forum.
When I bought my Sony PRS-505, the Nook wasn't out yet, nor many of the other new readers, so most of my comparisons were with the Kindle. I had a specific goal in mind: I wanted to read Project Gutenberg in bed. I tried out a borrowed Kindle, and tried a Reader in the store, and decided the latter fit my needs better -- I had no need for a keypad, for instance, and preferred compact size.
That's really what you need to do: try each of the ones you're considering, and see which works best for you. Consider your needs: do you want to buy books from a big bookstore, or from a small one, or not at all? Do you need to search and take notes, or would size be more important? Do you want a display of covers, or would you rather have that real estate for something else? Does it matter if a company can take books off your device if they decide to "un-sell" them, or are you not concerned about that? Those are all questions only you can answer, and that's what you have to figure out when you decide which to buy.
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