In Short
The Nookcolor from Barnes and Noble is the follow up to the popular Nook e-reader. While they both run Android, the Nookcolor is more of a tablet/e-reader hybrid than anything else, displaying a color touchscreen with a more efficient web experience.
The Nookcolor has a 7-inch touchscreen, 8 GB of built in memory, microSD slot (up to 32 GB), built in media player and more.
It will cost $249 and can be bought at any Barnes and Noble location.