"My second question is that I had read that the Kobo came with 100 books preloaded - did I imagine this?"
The original Kobo came pre-loaded with 100 free books but they are not included with the Kobo Touch. The good news is that all these books are in the public domain so they are readily available from various sources such Project Gutenberg and from the free book section of the Kobo Store.
As far as previews are concerned (samplers), if you find them annoying simply delete them. I like using previews, because, especially for non-fiction books the table of contents gives you a flavor for what the book contains and the book excerpt gives you an idea of the writing style.
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