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The current kindle I have is the third.
The first one broke, the second one froze the screen.
I hate AZW3 because on my first kindle I had all the books in that format. I didn't have a computer and downloaded all the books I liked in internet cafes. When the kindle stopped working I lost all the books I had saved, which were more than 500 and even then I didn't know how to use Goodreads so I don't even remember all the books I had read in all those years.
With .MOBI, if my kindle breaks right now, I'll be able to recover all the books because they're in the account's cloud.
Those of Amazon are geniuses:
If you use AZW3= you have all the features of a purchased book, but you don't have the option to save them in the cloud.
If you use .MOBI= you can save them in the cloud, but you don't have a page count and the images are small.
If you use DOCX= you have large images and you can save the books in the cloud, but you don't have chapters or pages.
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