The answer on bookmarks is it depends. The NOOKcolor has two different PDF viewers. If your PDF's are Adobe Digital Edition DRM'ed books, then they are opened in the Book Viewer & you can bookmark them. If your PDF's are non-DRM'ed, then they are opened in Quick-Office & you cannot bookmark them.
The only workaround that I have found for non-DRM'ed books is to convert from PDF to EPUB format using a program like calibre. Sometimes the conversion is sloppy, and you have to clean the EPUB file up further using a program like Sigil.
If your .LIT files do not have DRM, then you can use the program calibre to convert them. This program is very popular, and there is a whole forum on MR dedicated to discussing it.
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