Here is an online article from someone who seems certain the B&N announcement will be with regard to an updated NOOK Original. Sounds interesting, if so. I've felt , for a while, that B&N might forget about the NOOK Original, given the great success of the NOOK Color. If this ends up being improvements to their first product I think that's great! Color models are fabulous, really. There will always be a place for eink displays though, especially if that place is in the sun!
http://blog.the-ebook-reader.com/2011/05/21/nook-2-what-features-does-the-new-nook-have/
I am eager to find out what all the fuss is about!
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And...that announcement has been made:
TheNOOKAnnouncement