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I was at a closing store this past Thanksgiving (it was one of the Michigan Avenue stores in Chicago), and they definitely had discounted their Kobos (I didn't pick one up at the time; I waited until the Wifi price drop after Christmas)...so I imagine if your local store still has them in stock, they'll be discounted soon enough.
I work at a mall with a Borders (though not AT Borders) and I think I actually sold one of our customers on buying a Kobo yesterday. >.>
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