I'm another who isn't really bothered by the lack of external storage.
For one thing, even though I have separate eReader and Mobi libraries on my Palm T|X neither comes near to using the space on the Kindle, and both programs seem to balk at big libraries anyway, and that's ignoring the flat library structure.
Barring a major change in how eBook readers organize content, I'm not too concerned with the storage limits on the Kindle. I also find that internal storage is generally faster and more stable anyway. Being able to swap content would be nice - but it's not a requirement.
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