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Ok initially I was like ok I was wrong they waited 33 days after I bought both my 505's to release a new model. And yes at first I was impressed but after looking at what was offered and the deal I got. (I purchased two 505's for just 50 bucks more than one 700) I realized that my 505 suits me just fine. I purchased it for Reading which it does wonderfully, I was never interested in a touch screen, My big feature would have been WI-FI or Mac compatibility. The latter obviously has nothing to do with the Device. I was really hoping Sony would add Epub and secure PDF books to its store. So I think I can wait for a couple more versions before feeling the need to upgrade. Plus I really like my Red Reader.
JJ
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