We told you some time ago that Barnes & Noble was gearing up to launch an ereader that would go up against Amazon’s Kindle but haven’t heard much about it since. Well the day has finally come that the Android powered Barnes & Noble Nook has been announced.

As you can see from the above picture this device features both an e-ink display for reading ebooks and a color touchscreen for easy navigation. Additionally, the device will feature both 3G connectivity (thanks to AT&T) and WiFi. What’s even better is if you hop on a WiFi network at a Barnes & Noble retail location you will be able to browse through entire ebooks for free. Storage wise you’ll find 2GB of internal space with a memory card slot located on the back.

You can pre-order the Nook now, here, for $259 here with orders being fulfilled in November.