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Consumers Reports opinion is no. My opinion is "if you need the waranty at all you have bought an inferrior product."
That said my advice is the first month you own it run it ragged, make it realy work. One day leave it on all night and see if it works in the morning, select every menu pick and/or icon on the device, try to make it fail then take it abck to B&N if it does.
In the US Federal Government we do this all of the time we call it Exceptance Testing and you should do it also eveyone should, and my agency will do the same thing to the nooks when we purchase a few nooks (at the same price you get) and let me tell you B&N will hear from us if anything fails.
I did it to my Libra Pro and it passed and your Nook should pass as well.
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