But I've seen video of the Nook in action, and I think I just wouldn't be able to live with how slow it is. It's...fine. But I think the CPU is slower than my phone's.
Probably. The CPU in the Nook Color is slower than in my Android handset.
The Nook has:
800MHz Cortex A8. 512MB RAM. 8GB internal storage. MicroSD slot. 7 inch 1024x600 LCD with capacitive touchscreen. 802.11b/g/n WiFi.
Not too bad for $249 but you're relying on hacks to make it into something more than an eReader which may make things a little broken or annoying occasionally.
There is a glut of $100-$200 Android tablets out there from no name or "what? they still exist?" manufacturers but most of them are awful. Slow CPU, limited RAM, limited storage, resistive touchscreens and ancient Android versions. Pick at least 1 out of that list for each of these crap tablets.
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