Errm, the Kindle *2* supported OTF fonts. FreeType does. You might have to use a custom freetype lib to avoid issues/crashes, and may have to *rename* the files to .ttf, but unless they did something nasty on the Touch, Type1 & TTF fonts *should* work fine, and that means OTF fonts will too, whichever curve types they're using :?.
Some OTF-only extended layout features from Opentype might not work, but for basic Latin languages, that shouldn't be an issue.
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