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The 300 is an excellent reader but yes, it has a slow processor. The 600 has a faster one mainly for running the touch screen, mp3 support, sd card support, photo's...... as the 300 is "just" a reader, it really does not need the extra power. If it did have the faster processor the battery life would take a hit as well, since you have to assume it has a smaller battery than the 600 (physical size difference).
And yes, more page turns = more hit on the battery. But honesty.... I have now ran mine down and charged twice.... and the battery life is amazing to me. After using an iPhone it seems like this thing never needs charging....
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