I download all Baen books in RTF format and put them through Book Designer and then Mobipocket creator. When I first started buying Baen's books, I had a Sony PRS-500, so when I got the Kindle, I was able to put the books back in BD and make them in the new format without much trouble.
Most of the time the processing through BD goes really fast, but occasionally you get a book with weird formatting issues and you have to spend a bit of time. Worth it to me.
Jim
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