Barnes & Noble has a new e-reader out, the NOOK GlowLight 3 model, priced at $120. It’s quite the jump from the $50 NOOK, but let’s see what it has to offer first. This is a multipurpose machine with Android software and a color screen, so we can already understand the price hike.

The product features a 6 inch E Ink display, physical buttons for page turns and 8 GB of storage. There’s also a front light, that can change colors in order to make reading in the dark more comfy. GlowLight 3 is up for preorder right now at $120 and seems to be envisioned as a rival for the Amazon Kindle PaperWhite. It’s also true that Amazon’s product lacks page turn buttons, so the NOOK has an advantage.

A plus is the fact that you don’t need to pay $20 extra to remove ads from the lockscreen, like it happens on Amazon’s products. The new e-reader offers a 300 dpi display and a battery life of 50 days of normal usage. We’ve got no microSD card slot or waterproofing, in case you’re wondering, but we do have WiFi a/b/g/n and a microUSB port. This device can be used to read titles bought from B&N but it also supports other DRM-free books and Adobe content.

The product is available from November 8th and you can get it here. It has a soft touch finish at the front and back for easier grip and comes with a special Night Mode, as well as free NOOK issue of select magazines.