Isn't speculation fun! In the recent past I don't think Kobo have been bringing out models which try to replicate Kindle features. They seem to have been picking features which Amazon have shown no interest in, e.g. screen-size choice, excellent control of text appearance, waterproofing.
Personally I think they'd be doomed if they try to make Kindle lookalikes. It's always going to be easier/safer to buy from Amazon if there are no Kobo-specific benefits.
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