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Based on some videos, it seems the Kobo screen is sharper and higher contrast and the Kindle may be faster.
Kobo might be better in the hand but that could be individual preference. This thread seems to prefer the Kobo and discounts my worries about the larger bezel. Some don't like the power button on the Kindle, as it's easier to hit accidentally.
There are some differences in software/UI that are a matter of individual preference.
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