Like the Kindle 2.0, the Nook features the E-Ink technology in its display, providing a crystal clear reading experience.

Barnes and Noble did add a few features that many were hoping to see in the Kindle – color and the ability to lend books to friends.

While the reading section of the screen is still “16 shades of gray”, the nook displays its navigation and online store access in color.

One small point of contention for Barnes and Noble may be their  “loan” your ebook to other Nook owners offering. While Barnes and Noble proudly displays its ability to lend prominently on its Nook page, many are complaining that the “loan” is limited to just fourteen days.  And it seems that you can only loan an ebook once .   A major mistake in my opinion… but one that Barnes and Noble has control over.  Hopefully they will continue to listen to their users…

What do you think?  Will the Nook compete with the Kindle 2?

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