I think if the Nook (I think I'm going to pronounce it "nuke", even though I don't think it's the bomb) gets some hacking behind it to open up the device's potential a bit, it'll be quite cool. If the hardware is too limited to allow much functionality behind what is already shown (the few videos I've seen show it to be somewhat ploddy...anyone got a video to counter this?), hopefully some of the inevitable clones will yield some promise.
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