I've got 128 GB in my Kobo Glo HD and Clara HD. I thought about installing 256 GB SD cards in them, but they're only about half full now. I don't know if I'll ever fill out the 128 GB SD cards, but I hope the 256 GB will be down to the $30 range when I do. I see Samsung 256GB SD cards are already down to $45 at Amazon.
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