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I also recommend the Paperwhite. The lighted screen really does make a difference even in well-lit rooms or outdoors. The text appears much crisper and whiter with the lighted screen and the PW hits your price point right on the button if you get the special offers version. The special offers won't be available to you in Pakistan but you can still use the SO Kindles there and it's worth the cost savings to buy that version, in my opinion. Other than initial registration, you don't even need to turn the wifi on and if you don't plan to register it with Amazon and open an account, you don't even nedd to register it. I never turn on the wifi on mine. I download all my books to my computer and transfer them to my devices by usb using Calibre.
I've never owned a Kobo so I can't make a fair comparision but the Paperwhite is excellent in every respect. The only disadvantage I see is that it doesn't read ePub format but that's not a big deal if you use Calibre and convert formats. I also agree that none of the e-ink readers are great for comics because of screen size and lack of color display.
Another potential advantage since you live in Pakistan is that, since Kindles are the most popular eReaders, if you ever decide to sell it, you can almost certainly do so at a profit. I live in Costa Rica and, over the years, I've sold several of my Kindles and in every case I've sold them for more than I paid for them. I'm not sure the same would be true for Kobos.
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