All readers allow you to put books on them from other sources. Even the format does not really matter because it is very easy to convert from one format to another (e.g. using Calibre). However, you may have to "unprotect" your books first, if they have DRM; google for Apprentice Alf to get more information.
If you have DRM'ed Kindle books and DRM'ed epubs in your collection you will need to learn how to unprotect anyway because there is no device that supports both DRM schemes.
The two readers you refer to, the Bebook Neo and the Cybook Orizon, are not really good choices if you want the "latest bells and whistles". E.g. the BeBook Neo was released 3 years ago and is no longer sold. It was a very good reader at its time, but recent models are a lot better.
A reader that is linked to a content service may not really be that restrictive for you. But if you want a state-of-the-art reader that does not have a dedicated content service, you can look at recent BeBook or Cybook models (the BeBook Touch, or Cybook Odyssey, which comes with or without fron light), and perhaps even better yet, at recent Onyx or PocketBook models (Onyx Boox i62HD or PocketBook Touch).
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