Hi,
congrats to your new reader. The current official firmware for the IQ is 2.1.1 with 2.1.2 in the pipe and presently available for betatesting , but not sure where to get this.
All available FW can be found
here (there should be a page for the baltic but link is not working)
2.1.1 comes with a DRM capable readersoftware by PB and works quite flawless, for the previous Version 2.0.6 DRM doesn't come natural, but there are a lot of tweaks available here on the forum, so you can get at least access to the Android market (and get DRM capable software like Aldiko 2.0 from there), store apps on your SD card, root the device and so on.
I made a small bundle of flashable tweaks for version 2.0.6 some time ago (
click) but if you want to do this you'll have to read some more threads or PM me