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I love my nook color and like it for almost the reasons you disliked it, too funny. I like the Color LCD, touch screen and price point. Also I've modified my nook to run android (nookie) so I can read abobe books, kindle books and b&n books using the android apps found in the market.
That said I do prefer reading on my kindle 2. Eink is just better suited for reading.
I don't typically get eye strain or am a snob about what I'm reading on, I've read books on my phone, nook, kindle. The kindle is the best experience the screen makes a difference.
If you want a multipurpose device, the nook color rocks and is very portable.
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