I have a Kobo Touch and my husband has the Sony T1. We are both happy with our ereaders. I think if you want to read PDFs the Sony has a slight edge on the Kobo because of being able to enlarge the text by touching the screen, but PDFs are probably a problem on all ereaders. He has pretty well given up on PDFs and reads them on the computer rather than the ereader.
The other thing which Sony has over Kobo is the ability to categorise the books in your library, eg History, Poetry, Crime or whatever.
I can't comment on purchase of books because we are cheapskates and so far have only public domain books on our ereaders!
Hope this helps a bit.
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