I had to revert to the 1.9.10 firmware as well because of the constant flipping out to the home screen and loss of the microsd content. I do not use calibre or any other software to add content to my Kobo. I tried a factory reset and allowed my Kobo to install the new update but the flakey behavior continued. I reverted and now my Kobo is stable again. I will wait until they figure out what is causing these problems before upating again. I have been very happy with my Kobo until now.
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