To streamline the process of rooting Nook Color, XDA forum member GabrialDestruir and other devs have come out with a much easier tool “Auto-Nooter 2.12.18”. There are no visible hard steps, if you are familiar with what you are going to do.

Features of Auto Nooter:

• Installs SU and Superuser.apk
• Installs Busybox
• Installs Softkeys 2.0.2
• Installs NookColor Tools to enable non-market installs
• Installs Calendar and Calculator
• Installs Android Market, GMail, YouTube
• Enables Multi-Touch for Android apps
• Enables Live Wallpapers
• App Auto Install

The tool is only available for version 1.0.1, so first update your nook color.

Find the complete process here.