I've got to believe the Kindle 2's software will support folders or minimally tagging so you can set the home screen to display just about whatever you want.
Also, as far as the memory concerns go, according to the original BGR post with the first shots of the K2, they mentioned the device listed 1403MB free, which ends up being about 9(?) times as much as the K1. The average book from Amazon seems to be about 600KB, so you are talking over 2000 books worth of storage, plenty of space if you ask me.
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