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I believe an issue you want to consider is "do you buy most of your books new?".
If you borrow a lot from the library (and your library has a good eBook selection) then Nook is a better choice. For mainly purchased books, magazines, and newspapers, I think Kindle is a better choice.
I think the Kindle is well implemented and tied to the best eBook store. With the updated firmware it does PDF as good as any which have the same screen real estate ( portrait/landscape & zoom/pan). Kindle's big problem is that it does not play well with other DRM sources of content.
IF Amazon offered a service that allowed us to easily read public library books from Overdrive.com, then Kindle would be fantastic. Imagine a button on your Overdrive checkout "Send to my Kindle". And Amazon format shifted, re-encrypted with the same expiration, and delivered via WhisperNet to the Kindle.
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