I have only just seen this topic, so I come late to the discussion - the story of my life
I bought a Kindle 2 or 3 years ago, downloaded several books I had never read, and got going. All I can say about that is/was that if you want to read a book, and there is no other way to do it, then the Kindle is OK.
But, I do like to handle a book, I like to know who printed it and where and when it was printed, and above all I like to be able to flip back and forth to remind myself of who somebody is (an absolute necessity in Dickens, for example) and I never found any easy way to do this on a Kindle.
I live in the UK, so I use Abebooks (I hope this doesn't constitute advertising ! - I won't link to the URL just in case) and I can get a good quality paperback for about 60p - the postage and packing is the most expensive part of the deal. This I find much more rewarding and enjoyable.
However, lest you should think I am a total dinosaur, I DO read "The Guardian" every day, and it is often interesting to compare the Kindle version of the newspaper to the online version. Sometimes what has appeared on the Kindle is unfindable on their web site.
And if you are a book lover, may I respectfully suggest you take a look at, and perchance subscribe to "Slightly Foxed" which you will quickly find in a web search. It has introduced me, a literary ignoramus, to books and authors I would never otherwise have known about.