Engadget:

Based on leaked slides that we’ve received, the Nook Color will be dropping to $199 by November 16th, but the $50 price savings ain’t all that B&N’s throwing your way. The Nook Color v1.4 update will bring along some pretty intense extras, including the addition of Hulu Plus, “millions of songs” from services like Rhapsody, Grooveshark, Pandora and MOG and a litany of new tailored apps (with Scrabble called out in particular).

As Amazon gets ready to ship the Kindle Fire and as holiday sales heat up, Barnes & Noble isn’t taking it lying down. They’re bound and determined to keep their own tablet very much in the minds of consumers.