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M-reader, I spent some time researching the different sony readers. The screen glare, and poor resolution were the deciding factors in whether or not I would pony up the extra $$ for that reader.
Regarding the volume of nooks, and kindles, I would speculate that the large number of them on the secondary market is due to the media hype when they came out, and now people are realizing they were much ado about nothing, and for the price/control their parent companies exert, not worth the ticket price of admission. I know that was my case.
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