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Well you can already use a psp charger for the reader. It's what I use instead of buying the $30 charger. It works like a charm.
I prefer the 505 over the kindle because it is more aesthetically pleasing and I don't purchase many ebooks nor do I keep few things on it to find that I need to buy a new book now. Yes the keyboard and free internet is nice but not really necessary with a ton of phones having full featured browsing. If you can afford a reader, you most likely already have a full featured phone and maybe even a laptop.
I would say to all future buyers, if possible, try the readers in person first. You may prefer the design of the 505 over the kindle or feel the kindle's internet makes it the better choice.
Anyways, congrats on your purchase. If you run into any problems, don't be afraid to post them here. This is a great community that is active enough to give answers. Also, get calibre and give it a whirl. I was put off by it at first when I first got the 505 but I use it now and love it. Maybe it's just all the updates since I first tried it.
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