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I only have a Kobo Touch and not a Kindle. If you're going to take the cheapest version Kobo (I'm assuming it's likely the Kobo Wifi) you'd probably be happier with the cheapest Kindle. If you go for the Kobo Touch I can highly recommend it. Touch is much faster and has a lot more features versus the Wifi. The Wifi when it came out was good value due to the price differential (less features vs lower cost), but probably not as much if you're paying same price.
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