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I've not seen any good video reviews of either --- most exaggerate the glare problem in the same way that stills can. Trek's posts here are among the most representative I've seen, and I appreciate the time and effort it takes to get good pictures and post them... thanks!
Owing to an incident with my 700, backpack, and a Caltrain door, I have both a 505 and 700 around the house now. (The 700 still works, but has cosmetic damage and the USB port is flaky now *sigh*... and a new Bookarmor case for the commute).
Frankly, consensus here is mixed. I am blown away by how clear the 505 screen is --- but the 700 is perfectly readable at most of the time, and after getting used to the touch screen interface, it's hard for me to use the 505. Until the 700 dies completely, I'm going to stick with it, I think, especially as it's a trifle faster with the PDFs I usually read.
On the other hand, my son and wife are both smitten by the 505 display. The kid liked the 700 to begin with, but I can't get the 505 away from him now; my wife was totally unimpressed by the 700's display, but has given me a list of titles to track down for her to read on the 505.
So it really does seem to be something that's best experienced hands-on, if you can...
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