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I know you say you want a bottom of the line, monochrome unit, but a Kindle Fire is a wonderful thing. Basically, a tablet computer that can be used to check e-mail, surf, etc, AND run the Kindle app to read books.
Do you have an Amazon Prime account? If so, the Kindle Fire can be used to watch/download the included videos.
As far as resetting a used Kindle... I can only speak to my experience with the Fire. Had an issue with it when I first got it. After a factory reset, it was basically just like it was out of the box.
I guess my point is that you will spend slightly more money on a Fire, and get a whole lot more utility out of it.
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Lee
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