FWIW - I recently bought the Sony PRS-700 nearly 4weeks ago. It is great but PDF does suffer a bit. Primarily because of screen size and the fact that the zoom feature resets when you turn the page.
I thought about the Irex Digital Reader (actually had placed order) but decided against it after reading all the negative press. I typically try to filter negative reviews - however I simply could not fathom the thought of paying nearly $1000 (US) for a device that may have a number of bugs. Even those that try to be positive about the device appear irrational IMHO.
While the Sony was an excellent purchase for me (I've read 3 books and a couple of small PDF's) - I am now looking at purchasing a decent Tablet PC for the number of Technical PDF's and magazines that I read on a regular basis. I really want a stable E-Ink device that could simply do it all (PDF, Mobi, Amazon, Magazines, personal notes etc.) with a large screen - but to my knowledge - that device does not exist just yet.
Good luck with your quest.
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