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No eInk device will currently read eReader files.
The BeBook (the same machine as the Hanlin V3, and sold in Europe) will read your other formats, but not terribly well. The CyBook will only read Mobi and PDF, but has the best Mobi support of any device currently available, and it's very easy to convert LIT files to Mobi.
The battery life of all 6" eInk devices is excellent.
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