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Both Kindle/mobi and Nook/epub are at bottom html documents. The only real difference I see between them is that the former wants a single file while the latter wants a file for every chapter or section.
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And one's a compiled, binary database file while the other is zipped up text files.
The difference between epub/mobi is more like the difference between an interpreted python/perl script and an executable compiled from source-code.
(None of the above should be construed as promoting one over the other—scripts/executables
or mobi/epub)