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My problem with the Kobo is that it does not provide the same functionality as a Kindle or a Nook or a Sony. The last I heard, Kobo's still could not bookmark pages and there were other issues with things like taking notes, using the dictionary, and the like.
It could be that those problems have been corrected and I have not seen the posts saying so but I would check.
I think you can get around the geographic restrictions for the Kindle and BN by picking an Address in the US and using gift cards as your credit card for purchasing books. An ISP blocker helps as well.
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