Not to thread necromancy - but I just recently got the Nook Color as a gift and it came with a dead pixel.
Went to my nearest B&N store and exchanged it. Examined that one on the spot and it TOO had another dead pixel.
Exchanged that one (to the digust of the store manager - who was about ready to refund my money at this point) finally got a clean error free Nook Color.
$249.99 for a light weight portable tablet / manga / e-zine reader is good enough in my book. I didn't think I would get much use of this item (having dozens of netbooks myself) but it's kinda nice. If this had a 3G service for a monthly fee - I would of been harping about it all across multiple internet message boards. Free Wi-Fi at any B&N is decent enough.
If anyone has any questions about the unit - feel free to ask.