I use .mobi exclusively. For exactly one reason: because they can by hyphenated (using JBPatch), while KF8 books can't.
I'm only reading novels on the Kindle, so fancy formatting options (fonts, tables,...) are not an issue for me. But the default ragged justification is a horrible eyesore to me, especially when reading books in german (where long words are very common). Fully justified text with hyphenated words just reads much better.
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