So I sent this thread to my wife and she replied that now they have one with all the features she wanted so we will be buying the 700 for her and giving her 505 to her 16 y/o sister who has been wanting to get a Reader but can't seem to save up the money. It would be as one heck of a Hanukkah present this year.
I guess we will see what happens. Hell, it may suck. First gen tends to be buggy in most hardware. And yes, I know this is not the first gen Reader but it is the first gen with touch screen and built-in lighting.
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