I've had a go at the nook color and I am seriously underwhelmed by it.
The web browsers is awful. I connected to Mobileread and when you try to search, you tap the field to start typing in and when the onscreen keyboard pops up, the field closes and you cannot type in it. Also, I managed to download and ePub so I could try out the reader and after the ePub downloaded and I tried to open it, I was told the nook color didn't know what to do with it. Also, scrolling the screen seemed a bit choppy/slow. The iPad has nothing to worry about for sure.
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