I have one of each. I bought the PW because the 3 was dying.
The only significant differences I've noted are:
1) KPW is lighter than the K3 especially at night. (No keyboard & no separate book light)
2) The front lit screen + night-time ambient light is more even than the book light + night-time ambient light.
3) The KPW is better balanced and easier to handle than the K3 with the book light. Day-time, meh.
4) I personally liked the dedicated page turn buttons of the K3 better than screen swipes on the KPW.
That's pretty much it. There are puts and takes in various aspects of the devices, but they often cancel out. I'm sure religious arguments can be made over the innate superiority of physical vs. touch keyboards, or faster processors, or higher screen resolutions, but I'm just not interested in them. They don't actually affect my reading.
I can't think of a reason to buy (today) a stock Kindle* or K3 over a PW, other than those above. The K3 was a perfectly adequate reading device. The KPW is slightly (3 out of the 4 above) better.
*...other than the small price difference.
Regards,
Jack Tingle
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