We need to seperate types of eBooks then we can say where PDF works and where PDF fails...
PDF fails for books that are mostly text based. Like say the latest Star Trek book for example.
Now where PDF is good is for things like text books or things you may want to print in a complex format.
And yes, the PDF implementation on most eink readers is awful. The iLiad has the best PDF viewer for it of any of the eink based readers.
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