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I'm trying this out on the original Kindle and it's painfully slow. There are 2 modes to the web browser and default seems to work best. I was able to add funds to my account (from my bank), view transactions, and request payment.
It's slow and it eats up the battery so you would need to keep the Kindle plugged in to the charger. On the original Kindle I use a Palm Zire cable which has both a small device USB plug and a charging tip. If I keep the cell service on I keep the charging tip plugged in. The new Kindle charges directly from the USB plug but that could be a problem if the new Kindle goes into USB mode when plugged into a PC. You would need a charger that plugs into an electrical outlet, easy enough to find.
All I can suggest is to try out the Kindle with your parents and see if it will do what they need. Also remember that the web browser is considered experimental and features could change even though nothing has really changed since I bought my Kindle in November 2007.
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