I used this guide to install Phiremod on my Nook Color. Very helpful. Only thing I would add is this: it is worth noting that if you're running Windows 7 in user mode (as opposed to administrator) Winimage and Win32Diskimager must be run with elevated priviledges or they will not work correctly. Winimage is most annoying in this regard as it gives no indication that anything is amiss. What you get is an empty list of drives to write your image to. Win32Diskimager will fail with an error (I forget which). Run As Administrator fixes it.
Took me forever to figure this out!
Took me forever to figure this out!