The Sage battery life is fine, it's just not as good as some ereaders.
The Libra Colour is inferior for mono to a Libra, i.e., almost all novels.
Make sure you have a hard flip cover.
You can use your PW2 S/N with a Calibre plugin, so don't deregister or dispose. I've used PW2 and the last two Kindles I got were a PW3 and an Oasis 2 (similar to Libra and Libra 2, both of which I have).
I read all novels on a Sage, sometimes 14 hours solid.
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