I think you would be OK with either device but might like the Oasis a bit better for what you described.
I'm actually on the other side of the fence. I'd pick the Forma but.... it does has it's share of flaws most notably the angled buttons on a rubberized plane on the side. The rubberized part marks up way too easily. The other flaw is the position of the USB port and the power button on the side of the device. It's very easy to accidentally power the device off. I don't like the USB port there either but that is not a big deal. But the Kobo wins for me in that it a very easy device to work with, has a ton of options and the screen is great, lighting works fine and it is slightly larger than the Oasis.
My wife prefers the Oasis. The case feels higher quality. I don't like the Kindle OS as much myself. The screen is slightly smaller but the power button and USB port are placed more ergonomically to me anyway. She has no problems with the lighting and since I side load all of her books and she just reads has no problem with the user interface.
I'm surprised that you had issues with the Kobo Aura One. In my eyes that device was probably the best e-reader I have ever owned. I had no problem with the lighting or the build quality. I'd love it if Kobo would build a 10 inch version of it without the note taking capability.
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