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First, don't believe everything the web reviewers write. Often, they don't own the device nor do they bother to check whether the marketing assertions are true. For example, are their "thousands of ebooks available" for the Nook? Go check the bn site and see. I couldn't find anywhere on that site where there were even hundreds available.
Then there's customer service - another neglected reviewer topic. The Nook customer service is terrible. You can't get through on the phone and they simply cut/paste replies from the FAQ without reading your email so it's useless.
Wireless - try this: Go into a bn store and find the Nook display. Ask the salesperson to let you try the device. Open up a web browser and navigate to a video site. Play one. I've tried this and what I find is that the Nook wireless is simply not fast enough to stream a video. It will play them but they are only usable if they loaded onto the device.
My advice: Sort the reviews so that you can read the worst ones first. That usually gives you a pretty good perspective so you can sort out the bs in the good reviews.
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