I have a longer post in
this thread, so I'm just going to repost this part re: PRS505:
Quote:
I got the Nook to complement my 505 because:
- it has the "Kindle advantage" of both kinds of wireless, so I have -the option- to get something new to read when bored anywhere (on US soil anyway) and -the option- (with trook) to get things from my (calibre) library wirelessly. (P.S.: MacMillan & Co, you can price your ebooks any way you like, I will still only pay $9.99 tops, so you'll get... 0$)
- it has the touch screen interface, which besides a basic keyboard (which the 505 lacks) allows for an adaptive interface that is much more flexible than the Kindle while taking up less space. And all that implies: Search functionality, faster browsing etc. Since I grab it towards the bottom, I never had much of a temptation to touch the eink screen (too much portable gaming? 
- One very simple practical benefit: Between an easel-style cover and the touch-swipe which does not require any physical force (pushing the easel over), it is fantastic for reading during a meal or other activity with the hands full or dirty (food prep, repairs, painting) - you can just use your knuckle. Seems like a small thing, but compared to the small, hard-to-press buttons on the Sony (the only real complaint I'd have) it makes a big difference to me. You wrote you had trouble, and I had some too, but once I got a feel for the interface it is no longer much of an issue. (And I now bought a 3rd-party easel-style cover for my 505 too, since it tilts the screen towards you even when lying flat, rather than sideways)
- Since it runs an open-source OS (Android) it is eminently more hackable than either Sony or Kindle reader. Trook etc. offers already more functionality in a short time than what people have managed to add through prolonged, dedicated hacking to the Sony and Kindle.
- Other nice things: User-replaceable battery! OK, not the most friendly solution but doable. Custom wallpapers and screensaver (esp. the last one: I never understood Sony's "the user would be confused if the screen stayed on when in sleep mode"??)
- Generally: ePub support, great since my 505 supports it too, and thus support for plenty of DRM-free books available. And extra brownie points for even mentioning the use in conjunction with Linux in the -official- Guide 
The thing that the 505 can't be beat at: in the absence of backlight, my hacked Sony/Lightwedge cover is still the most pleasant reading in bed after dark solution by far (the 700 is a bit laughable in comparison, and I never much liked the Transformers-style unfoldable light-ona-stick)
In conclusion: I like it, and it will see quite some use (I 'm reading the newest Discworld novel right now, can't believe I missed its release)
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After another week of use:
I'll add that the M-Egde cover with its better integrated Booklight works indeed better than previous such lights (and offer better protection) even though it is chunkier and less elegant than the Sony solution.
Also, another benefit is indeed the dictionary (not just as look-up, but also by itself in conjunction with search)
On the other hand, I was taken aback when I tried to "go to page" and found out there isn't such a function?!? Seriously, what gives?