@rashkae: Huh, my bad, I was convinced it only worked with the kePub renderer, thanks
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To expand on the clipping issue, AFAIK, the only remaining issue is with the bottom line, which may, with some unfortunate mix of fonts, font sizes, line spacing and margins (or lack thereof), cause it to be slightly clipped (i.e., straddling across two pages).
With patches applied, it's never been a real issue, in the rare cases where it still happens (usually for a few pixels, fewer than the font's descent, and usually in very specific cases, like title pages, with a mix of multiple font sizes/line-spacing values).
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As for input accuracy, I sincerely hope you've never used a Kindle before, because even on the H2O, which supposedly has great input for a Kobo, it's still pretty terrible by Kindle's standards
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As @rashkae said, it's perfectly serviceable for reading purposes, but as soon as you start trying to highlight stuff or take notes, it gets fairly painful (again, especially if you switch between devices a lot. Otherwise, you tend to get used to the quirks and intuitively manage to somewhat deal with them).
In my case, that hasn't stopped the H2O from becoming my "daily driver", but it hasn't stopped me from being frustrated with it either, even more so when I happen to be digging up the PW2 to test stuff in Kindle-land
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