Some are taking a much hardline against the terms.
http://hollylisle.com/writers-barnes...-insanely-bad/
And there is this clause that has some up in arms...
"You hereby grant to Barnes & Noble...
irrevocable right and license to make your eBooks available for sale...."
But I have not read the TOS myself yet. I think I will pull a wait and see how this turns out, might got back to using Smashwords to push to B&N and let their lawyers deal with it.