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Thanks everyone for your opinions so far!
Are there any advantage/disadvantages in title selections and price, ease of downloads between the different formats, etc?
I think you are referring here to sources for buying books. If so, there is no difference (other than an iPad can run the Kindle APP and purchase from the Kindle store, but the Kindle can't purchase from the iBook store in iTunes).
Amazon generally has a bigger selection and better prices, but it makes zero difference whether you use a Kindle or an iPad (or an iPhone for that matter) to buy from them.