The NOOKColor is wifi only, it doesn't have 3g. Hacked versions happily run the various andriod comic readers (ACV, etc) and it looks great. I anticipate a comic reader in the NOOK marketplace in 2011.
As far as graphic novels most of the publishers are running their own stores online and not linked to any of the retailers. Marvel, DC, and Darkhorse all support reading graphic novels in a flash viewer, on ios (iphone, ipad,etc) and on sony's PSP. None yet have an android reader, so if you are looking for those publishers, you want an apple device or a PSP. Any tablet that supports flash would work as well, but I suspect not as well as the apps.
At this time the NOOKColor's potential for graphic novels is unrealized and for a Christmas present I think it is premature. I own a NOOKColor and love it but I don't read predominately graphic novels. If I did I would be frustrated now. I can wait. I have two illustrators in my family so I do want to read graphic novels on my NOOKColor but I can wait a year to see how it falls out.
Hope this helps,
Duncan
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