Actually I use BookDesigner to convert my books from pdf to the lrf file format.
The problem with BookDesigner is that you need to have msword installed to open html, and since I use it through wine under linux, I have no wish to waste HD space to install msword.
I don't how good is a book when opening under html as opposed to pdf. I hope it isn't that different.
That said, you can always download one of the many books already formatted for the reader you can find here. That should give you a fair idea of the quality.
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