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IMO, if you're looking for a B&W ereader (regardless of price) choose the Basic Verse: I've been reading exclusively with ereaders now for the last 15 years or so and, despite most of those being high-end devices from Kindle & Kobo -- Forma & Oasis before I tried the BV -- the Basic Verse is my all-time favorite.
It's small & light enough to go anywhere, I can read for hours without fatigue & the UI is superb: It's bug-free (lookin' at you, Kobo & Kindle) & it offers a unique 9 tap zones on the screen, capable of assigning any operation (like setting a page-forward tap accessible with my left hand.)
It also easily deals with my large side-loaded library without complaining; unlike -- again -- Kobo & Kindle: Kindle is just a disaster with side-loaded books & my last Kobo bricked itself when I imported my library from Calibre. The Verse? No problems. Probably its best feature, though, is support for a 128GB sd-card so the space concern I had with 32GB-restrictions is gone.
The final benefit to me is how it handles PDF's; offering a lot of features only available with KoReader on other devices (like text-reflow, page-cropping, and various other viewing options. In fact, though it supports KoReader (with the easiest install of it on any device I've used) KoReader doesn't really offer any advantages over the native PB reader.
It doesn't have the greatest specs, on paper, but the 212 dpi display is completely fine & it's only occasionally slow on some infrequent operations: pages turn quickly and most books (under about 20MB) load immediately.
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