Friends – this is almost a revolution. A developer called “Deeper-Blue” has been able to modify Honeycomb, so that it works with Nook Color. You just need to download the modified Honeycomb, install on MicroSD card (8GB or larger), and put that in Nook. When you start Nook, it will load Honeycomb, and you would have cheapest and best tablet with latest tablet OS.
This process is still under active development, but things like accelerometer, touch screen, wireless, and sound are already working. You can do complete web browsing easily.
Here is a video that shows Honeycomb on Nook:
This is really tempting. I do not have Nook, so cannot test this. But I think I will definitely end up buying Nook once this has been further improved.
To get source, you can check this Engadget post, or original post by developer here.
Note: This is an early alpha release, so use with caution, and at your own risk.