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Sure, you take a risk buying older stuff (even if I don't agree on your take on battery degradation).
All I'm saying is that I perceive the Aura HD to still be a really good e-reader. H20 (and many others) are better. Newer is usually safer and sometimes also "better". How much you want to pay for "better" is something personal and I think you do people a disservice scaring them off, IMHO.
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