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Originally Posted by flamaest
I noticed that the top and bottom of the 505 is made of plastic with a fake chrome finish. Although I'm not sure if 500 chrome edges are also plastic, ...
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They are. Or rather, they are chrome-plated plastic, if that's what you mean (the chrome isn't "fake"). You can see this if you remove the side-pieces on the 500 - the inside of them is just bare plastic.
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The screen contrast was better and the the page refresh faster than the 500.
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It's the screen that's the big difference. The 2nd gen "VizPlex" screen of the 505 (and the CyBook, Kindle, etc) is just hugely better than the 500's screen, especially in poorer lighting conditions. That's the primary reason I changed my 500 for a Gen3.