CC does allow you to see summary information and search by whatever tags you've set up in Calibre. And you can open the book (into your choice of third party reader) directly from the summary page. You can either select the reader from a list (if you have installed more then one program capable of reading that format) or set a particular program as your preferred reader for that format. And obviously you can easily load books from calibre (or a cloud hosted calibre library) to CC.
I have my fanfic library set up on my tablet with CC in my admin account and my book library set up with CC in a secondary (restricted) account. My main reader is fbreader (can read a variety of formats including mobi and ePub). I'm not sure of its merits as a cbr reader but there are a variety of free cbr readers available for android.
I agree that memory cards are very useful although it's still worth making sure you have a reasonable amount of internal storage as it can be tricky to store things other then music on the card.
I'm fairly certain my tablet isn't still on the market (perils of buying deeply discounted items) so I can't give an opinion on which tablet.
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