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For books not purchased from Kobo, it is not useful. OTOH, since the majority of Kobo ereader users purchase a majority of their ebooks from Kobo, it may be of use to them. Eschew hasty generalization and anecdotal fallacy.
Considering the number of times, Kindle users have pointed to GoodReads integration as a reason for their choice of ereader suggests that there are a number of Kobo readers who would like a similar tool.
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