The New York Times let slip some more details about the much anticipated Barnes & Noble e-reader. The new device, set to be announced today at an event in Manhattan,thas been christened the Nook. The device will feature dual screens--one a grayscale reading display and the other with color touchscreen controls. The reader will be priced at $259--the same as the Kindle.

The Times also amusingly quoted an ad from its own "Book Review," stating that the device will "permit readers to lend their digital books to friends and download books wirelessly." Barnes & Noble, interestingly, refused to comment to The Times about the ad it ran in the paper.