I own a couple of 300dpi readers (Pocketbook and Tolino), a 265dpi H20 (original), and a 212dpi Energy Sistem ereader.
I find the difference between the 212 and 300 dpi screens is noticeable, though I could live with the 212dpi screen (indeed until I recently got my 300dpi Pocketbook Touch HD, it was my preferred reader), but I can't say there is any discernible difference between 265 and 300 for me.
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