Yes to be clear B&N stock reader doesn't support this simple color scheme. Ironically the android app dryi does. What rooting does was allow me to install a reader that could have this color scheme. namely, I use the kindie app and a reader called "Moon". Actually every reader on the android platform has this colour scheme.
No rooting will not change the look and feel of your device, just give you the freedom to install any app you wish and even change the look if you wish. For me I was already familiar with the android platform so the nook was a disappointment for me. I actually am running Froyo and I really love the device now. Honeycomb is great buyr it's not ready for the nook, when it's ready I will install it for sure.
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