Sounds like it is converting all book formats to TXT if it is stripping out all the character formating. That will be a deal breaker for me, unless they update the firmware soon.

As far the manual, the fact that it changed from one day to the next, as we noted much earlier in this thread, shows that it is a work in progress. Perhaps the firmware is also a work in progress. Some of he newer readers like the JetBook and Libre have already had a few firmware updates, so perhaps the OpenBook will have some too. I'm a bit concerned at the lack of published specs and info, though.