Hi trincam,
What is the average size of the pdf you are reading? If they are a4/letter then I completely agree with HarryT a lager screen is better both on the eyes and in time saving.
Both the 700 & 505 have the same PDF rendering engine, and they both have the same screen size. So the reading experience will be virtually the same except one major difference, with the 700 you can zoom in, which will matter only if you want to look at a chart, picture that is too small to see in the book.
That said let me give you my opinion of the 505. I have the 505 and a little less than half of my books are PDFs. Most of the PDF I have are non-fiction they have lots of graphs , tables, and charts. There are times I wish I had the 700 my work around is to look at the chart on my PC or my smartphone (3.5") screen... pretty ironic huh.
The average PDF book is about 6-9" so by simply removing the 1" margins of these books is enough to make these books readable. You can use tools like soPDF or caliber's pdfmanipulate to remove the margins.
Then there is also PaperCrop which has become my second favorite tool. This tool can reflow any PDF even imaged based PDFs so they are readable on any device.
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Okay to get to the meat of the advice. There are tons of free tools to make PDFs readable on any device. But they take time to learn and use. Once proficient the time to prepare a PDF is small.
My advice is do not fixate on the PDF support , focus on the features. For instance size, portability and UI.
For me the built in light, zoom, annotation, speed, touch screen make for a far superior product than the 505 because I read everywhere and I read mainly non-fiction. When I'm reading fiction I don't miss those features so much.. Except for the built in light.
Okay after all that you still have other options. Isn't the cooler suppose to be a UK product. And it supports PDFs too at only $200.
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