The lack of adjustable margins, and adjustable line spacing, are the worst features of MobiPocket's Java based reader. The Cybook apparently isn't using the Java version, but it has the same limitations. The Windows Desktop version can adjust both (see image), although "single" line spacing is the smallest it allows and I would like more lines per page than that.
These features are much more significant on an E-Ink device because of the slower page turn. Less white space means fewer page turns. It can also mean worse readability, which is why making it adjustable is so important.
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