Upon further inspection there is also the Pine Note!
https://news.ycombinator.com/item?id=46283016
https://pine64.org/devices/pinenote/
It’s quite pricey but certainly more straightforward in its offering.
Kobo is the cheaper and has a color option and is likely slightly less hackable.
[EDIT] Ah, I think this is what I found:
https://github.com/Quill-OS/quill
Kobo’s switch to secure boot made things harder for Quill which seemed to be the only custom OS.
It's largely the exact device that I want my book reader to be:
* Small and lightweight
* Nice epaper screen
* No need for an internet connection whatsoever
* Natively understands EPUB
* Just reads books -- no ads, no markets, no apps, no upsell
The built-in Kobo firmware isn't great. IIRC Rakuten/Walmart hoover up and sell your reading habits, etc. Hence one reason why I don't connect mine to the internet (running Plato probably fixes this, but restarting the device doesn't immediately go into Plato). The device is also weirdly sluggish with the default Kobo software, and much faster in Plato.
Open source software, open (to the owners) with default configs, open ecosystems, repairability, hackability, open hardware are all factors I look for across multiple devices now. routers & wifi, readers, phones, headphones, laptops, keyboards, etc..
They don't always have to hit every element - but the more they cover, the more likely I am to track and purchase them when the time comes.