I just got a 505 from Target last week and love it - no regrets whatsoever!
BUT, do *definitely* check to see what version of the firmware you have, because you might need an upgrade. The unit I got hadn't had the firmware upgrade necessary for reading epubs (and boy, it was an adventure figuring that out, being as I'm on a Mac and had to borrow a Windows computer to do it...) so it's *really* important to check to be sure! Other than that slight hiccup, though, my experience with it has been great.
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