I've had my Pre for just under a month now, and I Love it. But there's no reader yet. There is an extensive thread over at hhtp://precentral.net about it, and there are a few homebrew apps guys looking at it.
There are a couple of Bible, Quran, and Big Book apps that are dedicated to those books, and look pretty nice. They use HTML for the books, and I hear rumors that someone is looking at leveraging those platforms.
Meanwhile, there is at least one web based reader site for the iPhone that lets you upload your TXT files and read them on line. The Tools menu doesn’t work, so you can’t apply bookmarks, but it reads pretty well, and can give you an idea of what can work.
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