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If you're only going to use it for reading, I would definitely get the Palma 2. Kaleido screens will always be much darker and add a grainy layer on top of the BW screen underneath.
I bought an additional Palma 1 on discount long after the introduction of the Palma 2. And it has been my most used device for reading.
The only situation in which I would consider a Kaleido device is for almost exclusive colour content use.
I also recommend getting the black version since it has a better screen (scratch resistant glass rather than plastic).
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