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I may be mistaken, but I believe the T1 would process the ebooks; there'd be no need for a daemon.
The drawback to this, of course, is everything in your Dropbox being sync'd to your T1. That's potentially 1) a lot of data, and 2) a lot of files that aren't ebooks. For example, I have about 6 GB of stuff in my Dropbox, and only about 3 GB of that are ebook files.
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