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The Kindle screen display seems pretty close to that of the prs-505. I haven't had the units side by side because I own only a Kindle, but I looked at the 505 prior to purchasing my Kindle and AFAIK tell the displays are close.
The Kindle refreshes fast enough for me, but I've read that some people feel it is a little slow. I think that would depend on what you are doing. Reading a book or newspaper isn't that bad, but searching through documents or using the Internet can bog down the Kindle. Personally, I got it to read books so I'm happy with what it does for that.
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