I just downloaded a book from the kobo store to my prs t-1. Buying a book from the kobo store directly from the prs t-1 is cumbersome to say the least. Anyway, I had a bunch of books in the kobo store which rolled over from the old sony reader account. I have since purchased a few free kobo books but I've always had to go through the desktop kobo software to purchase it and then wirelessly download it to the t-1.
Given that you already have a kobo account and have books purchased go to the second screen on your t-1 and select "purchased content." When I selected purchased content I was promoted to enter my kobo account password. From there, you will have the option to download books you've already purchased to your prs t-1. Hope this helps.
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