Add me to the "kepub" camp. I'm with haydnfan--much preferring the pages per chapter progress display over those available in epubs. I also like the progress graphic showing the relative length of each chapter in the book that is available for kepubs. I don't mind the header and footer information taking up a little room--although it is unnecessary.
And I haven't seen the other problem that Jon mentioned--of lines of text being cut off in several months (maybe even years). I did see that from time to time after I first got my Aura HD, but either Kobo has made adjustments to their firmware that got rid of this or with the font settings I choose now it just doesn't happen.
I sideload all my books with Calibre and use the Kobo Utilities to convert from ePub to KePub when adding books to my Aura and Aura HD. The only version on my computer is ePub and the only version on my Kobos is kepub.
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