Yep, good advice above. I'm a K2 owner living in Korea. Get the mobi format public domain books from feedbooks and use a gift card for Amazon books.
For the gift card: Use a different email address for the 2nd account and don't attach any credit card to that account. You can't subscribe to magazines/newspapers using this method, but you can buy books and individual issues of magazines.
On a side note. Is there a way to sample books from outside the U.S.? I tried that and it cues up the sample for wireless delivery, but I couldn't find a way to physically download it to my computer.
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