Quote:
Originally Posted by nook hd+
Hello all,
I am now worried that
1. When the person re registers the device to their name, what happens to the stored content I am trying to gift them
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The content is not yours to gift.

When you pay for a Nook Book you agree to the following:
http://www.barnesandnoble.com/include/terms_of_use.asp
It basically says that you have the right to view your book on any Nook that is registered to you. Since you plan to re-register the Nook, your books will cease to be readable on the new owner's Nook.
There is a restrictive Lend feature that is almost worthless:
"Only certain eBooks are eligible for lending. eBooks with an icon on their product pages indicate their eligibility for lending and will also have a "LendMe" link in the customer's NOOK Library, once purchased. Under the LendMe feature, a customer who has purchased an eBook on the Barnes & Noble.com Site may loan that eBook to only one person. Currently, the maximum number of times that an eBook can be lent is once per eBook title for a period of up to 14 days. During the lending period, the loaned eBook will be disabled in the lending customer's NOOK Library. After the lending period has expired, the eBook will be re-enabled in the lending customer's NOOK Library. "