I returned it and got the money back :-)
By law a vendor is obligated to provide what's in the contract, which is an e-book reader that is able to display EPUB books. I've got a bunch of books (probably worth more than the reader) in valid EPUB format, which I can't read with the T2. So either the vendor has to fix it, provide me an equivalent replacement or pay the money back. He can't do the first because Sony R&D (or whoever developed the reader software) is out of his reach. He probably opted for no. 3 because that's probably the most hassle free alternative for him.
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