First off - thanks for all the great info in these forums! I've been perusing for the last few days trying to get clues to the best Reader for me, and I've got the field narrowed to 2 - now I'm just looking for advice from 505 owners!
So I was originally enticed by the PRS-300 - it's smaller, fits in my purse, and most importantly, has a lower price point ($199) which made me want to jump into eBooks. I went to a Sony store this evening to play, and I liked the 300 much better than the PRS-600 - I'm not a fan of touch screens, and couldn't justify the added cost for features I probably won't use - notes/graffiti, audio, etc. (As background, my Reader will almost solely be used for reading novels & library books - no requirements for textbooks or PDF files or anything).
However, there was one factor I liked about the PRS-600 - the screen size. I wish the 300 had more than 3 font sizes, because when I put the font on the largest side, I felt like I was reading 2 sentences per screen.

When I mentioned this to the sales person, he suggested the PRS-505 - same interface/navigation as the PRS-300, but the later screen and expandable memory as the PRS-600 (again, a feature I like, but don't need - it'll take me years to amass 350 ebooks).
So here's my question - it seems like a lot of PRS-505 users are not enticed with the recent release of the PRS-600 to shell out the $$ to upgrade.... but, if you weren't already an owner of a Reader, and looking to buy your first one, would you go for one of the shiny new models, like the PRS-300, or is the PRS-505 still the best value (now that prices have dropped to $250 - $275)?
The other point to consider is the 300 doesn't come with a cover like the 505; it's an extra $29, so in my mind, I'm comparing a $229 PRS-300 to a $250-$275 PRS-505... Is there anything I should know about the PRS-505 in comparison to the PRS-300... and be wary about?
Thanks!