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Today I saw the 700 and were it available I would have bought it on the spot. It is unbelievably fast which was my main beef with eink till now and made me give away the 500. I love touch screens and the finger use was easier than on the iTouch, while on my 770 I have to use the stylus.
Turning pages was easy either with touch or with a button and search and go to page worked so fast I could not believe it.
Cannot say how good the integrated light is but it seemed ok.
Regarding contrast I do not particularly care that much - 500 was pretty good for me screen-wise, but the lack of integrated lighting and its slowness made it unusable, but this one is as fast as my 770. Still not up to eBookwise standards in ergonomics.
I could not care less about wireless - and that is a main reason I would not buy the Kindle since it's overpriced due to that - since I do not plan buying e-books from Sony or Amazon anyway so I am very, very tempted.
The only drawback is size, still a bit too big for casual carrying, so I would still take my 770 with me, and this is the main reason I am wavering since I still need a pocket device even if my 770 expires which is entirely possible given almost 3 years of hard use
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