I purchased both the bebook neo and the pocketbook 302 and decided to return the neo.
Visually the neo has a better screen (very similar to the kindle) but having to use a stylus is inconvenient. The pocketbook has a crystal clear display but somewhat of a glare problem. Both have easy navigation but I find the pocketbook to be better since you can easily utilize the touchscreen without the stylus and you can customize all the hard buttons (except for center circular button). For annotation its a toss up. The neo is better for underlining since the stylus provides pinpoint accuracy but if you want to type a note the stylus is a hindrance. The pocketbook underlining feature doesn't function consistantly yet typing a note with your thumbs is easy. The neo only provides the annotation feature with .pdf documents. If you have your books in multiple formats I found the pocketbook to be the best. The neo sometimes did not open formats that it was supposed to??? In summary: the neo feels the most solid and the screen is visually better. It closely resembles the kindle but with a better 5 way center button. The pocketbook screen is clear but need to tilt it to eliminate the glare (usually no problem at all) and very customizable with very easy navigation since can touch the screen with your finger.
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