I caved and purchased a Nook after selling my PRS-505. The one thing I have to say is that the screen is brighter on the Nook. This combined with the ability to change fonts on the fly is very nice. Still getting used to the touchscreen, which I've been using to turn pages.
I was able to load all of my purchased Sony content onto the Nook and have had no problems checking out library books. So far so good. Zero software problems at all.
Also, for those that like covers, there are a large selection from B&N. They've tapped into the ability for people to customize their readers through a large choice of covers.
Things I don't like: battery life is a bit worse, very tolerable, but not as good as the 2+ weeks I used to get with my 505. It's heavier.
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