In our family we have 3 Kindle Ones, 1 Kindle 2, 2 Kindle Keyboard (K3), and 1 Kindle Fire as well as numerous Kindle apps. We've never had a Kindle fail. When the K3 came out, I upgraded just to get the Wi-Fi connectivity and black case and passed my K1 down to my nephew. The 3 K1 devices were bought in February, May and May of 2008. Until I passed mine down to my nephew, I read on it a minimum of 5 hours per week, so it was heavily used.
The only problem we've had with any Kindle is losing them. My niece had two Kindles stolen at work and I left one in the seat pocket on an airplane.
So, from my experience, the Kindles have been well made from the beginning.
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