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I'm happy with the fire so far for reading, and I am used to the iPad (1). Have also used the iPad 2 a bit and did not see great differences between 1 and 2.
Speed of apps is also fine on the kindle, on par with my iPad, whereas I can see significant lags when I run some of them on my older iPod touch.
Battery performance remains to be seen, right now the kindle seems to be draining its battery quite quickly (most likely based on app usage).
For me it's about the content. I wanted the fire as I had the e-ink kindle and loved it (especially the size of it) but it was too fragile (broke my first K3 after 3 weeks and Amazon replaced it immediately, which made me very happy), and I simply do not want to break another e-ink device.
However, considering that I would have to buy all my apps that I already have on the iPad again, it would make more sense for me to get another iPad, even though it might be more expensive initially. Also, IMO there are a lot more legal free offerings on the Apple appstore than on the Amazon marketplace from developers who want to get their apps known, so you can try them out and see if you like them.
Best regards,
Andy
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