Hi Michele,
I purchased the 2-year one when I bought it at the Sony Store. I figured it was worth it since it covered accidental drops as well. Being a portable device that will see alot of use and travel, there is a chance a drop could happen. If it didn't cover accidental drops wouldn't have bought it. The way I see it, the plan costs $44, if you do happen to drop your Reader and get it replaced, the plan just paid for itself more than 7 times over.
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