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I would suggest looking into a Squaretrade warranty if you are looking for a warranty. I got a 3 year warranty with accidental damage for just $30. It's normally $50 for the warranty (even at full price it's a year longer than the B&N warranty) but I had a 40% off code to use this past weekend. Codes for 20-30% off are usually easy to find and you have 90 days from purchase to buy it through Squaretrade. Accidental damage coverage doesn't start for 30 days after you purchase if you don't get the warranty the same day you get the device (I think that's what I read).
I have a cover for my e-ink nook and will be getting one for the color too. With a toddler in the house it's just a good idea to have a little protection on electronic devices. As it stands now I pick it up and take it with me or put it away any time that I move away from it.
Hope you have lots of fun with your new nook!
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