I started ereading on an iPAQ. eink was late getting to Australia.
Feb last year I got my first real reader - a 6" Hanlin V3. It has mobi drm.
Then around Aug I agonised over a 6" EcoReader or a 5" Hanlin V5 because I could see epub becoming more common and I had digital editions on my laptop. I've never really trusted mobipocket since I lost books in the fiasco when their server was out for 3 weeks and had lost my bookshelf when it was back up. I could have changed the V3 to epub but then I'd have lost the mobi books. In the end I got both of them. The 5" is great to carry around in my handbag everywhere I go. And I used the EcoReader at home.
Then earlier this year I was in Dymocks, saw the neo and fell in love. My husband bought it for me and I now use it all the time at home.
So, V3 for last year's mobi drm. V5 for easy carrying anywhere. neo for reading at home. The EcoReader is just lurking waiting for my husband to be converted. He's a bit of a luddite.
I still reread my older Fictionwise ereader books on the iPAQ and my HTC Touch Pro.
If the nook ever becomes available here I'll buy one for the ereader books.
Oh, and I have Kindle for PC on my laptop so I could read a couple of books not available anywhere else.
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