YES! All work normal. CM10 and Hybrid (decision is your). Even CM10.1 work normal, except thing which you find on CM10.1 main post (i have 12 items running on cm10.1 daily).
Just buy clean Sandisk or other 16GB class 4 microsd, read carefully your decided version (CM10 on sd or Hybrid) thread, make all things step by step leisurely and you will be happy with your flawless Nook.
But please dont support these bastards which ones try make money on others hard work. Buy better some beer with donation to actual devs.
Actually I was tempted in buying one... lazyness and little time for "playing" with gadgets (I was involved in rom modding couple of years ago, win6.5 era, but quite new to the Android world), I thought that having an already made SD could be an easy way to start and see if it "catches" you enough to learn and study more about.
One of the most famous distributor (don't know if there are many or just them) states that a part of the earnings is donated back to the project, but obviously going the DIY way gives you the choice of donating how much you want and 100% to the project.
If I can manage to have more time to dedicate to the device will go for sure for the second option, and I noticed there's already a couple of long threads with lot of information so it's just a matter of finding the time.
Anyway I'm really impressed with the device, too bad that B&N at this stime is still limiting to USA & UK only, so the community can't grow too much at the moment.