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I've had a Nook Color for about nine months now - and it's been running CM7 for about half that time.
As an eReader I think it basically met expectations: it's a very good 7" LCD reader and that's what it was sold as.
However, it greatly exceeded expectations as an Android tablet. The presence of a micro-SD slot that was hard-wired to the top of the boot order made an attractively priced eReader with a high-quality screen into a hackers' darling. When it came out, there was nothing else in its price range with similar hardware specs - and the ease of rooting turned it into one of the first good 7" Android tablets for less than $400.
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