<img src=”http://tctechcrunch.files.wordpress.com/2010/10/nook-color-2.jpg”>

Well, well. The interweb rumor mill wins again. It’s been said for weeks that B&N was going to out a color Nook and sure enough, the bookseller did just that.

Android powers the second-gen Nook and it uses a 7-inch color, yep, color LCD for displaying the content. Since Android is inside, it’s slightly more than an ebook reader and slightly less than a tablet. There are social networking apps like Facebook and Twitter, along with the ability to display videos as well