The PRS-505 is a safe choice. It is an older design, but a design that hit a sweet spot in the technology curve and there are many happy owners of the PRS-505. The PRS-300 is essentially the same design with a smaller screen and less upgradability.
The txtr looks like a very nice machine, that may well be a step beyond existing Readers. The risk you take with a new device from a new company is that their reliability and support is unknown. I get good vibes about the device, and if I was in Europe I might well buy one - but don't do so unless you are comfortable being an "early adopter".
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