I went ahead a created a new account for the device. Now I realized the only downside is the recommended books - I spent a while tweaking my likes on my Kobo account so recommended books are now defaulted back to whatever they suggest for newbies.
I didn't want to remove books from my reading list because I do like these books appearing on my iPhone app for whenever I'm stuck without my eReader.
On a good note, there is a 90% off coupon code for new accounts when registering the Glo: 90BK
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