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While there are minor advantages in features to the K1 over the K2, the K2 has advantages as well:
1. Better picutres and illustrations (greyscale)
2. No crazy next/prev page buttons that turn the page at the slightest bump
3. Much slimmer form factor; less bulky to carry
4. Quick dictionary lookup via the 5-way controller
5. Faster page turns
6. Faster display updates when navigating with the cursor or menus
7. Longer battery life
8. Better keyboard
9. TTS
10. Easy reset with the power switch.
I can see why K1 owners who are attached to their quirky K1 might want to keep it, but again, unless you need an SD card or are strapped for cash, there's almost no reason for a new buyer to get a K1 over a K2.
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