@thor
Well, here's what you can do with a Kobo:
- read your own epubs, pdfs, and manga (the best way to send them to your device is via Calibre, to keep metadata)
- it can sync via getpocket.com, so you can tag articles for reading later
- it should have a minimalist web browser, but for me it hasn't been that useful.
- some models have dropbox support.

Also noteworthy is that Kobo devices are easy to patch and get custom software on them, like Koreader (which is much better for pdfs).
I recommend this forum if you ever want to go down the hack-it rabbit hole.
https://www.mobileread.com/forums/forumdisplay.php?f=247