I'm slightly biased but
Get both an iPad and a Kobo....<g>.
I highly recommend the iPad for .PDF files. I'm really happy with my first gen model and have a few reading apps installed but do most of reading in iBooks.
I still have my original Kobo reader as well and will probably get the new Kobo when it comes out as I sometimes like to read outside which is not the iPads strongest point.
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