Buy.com with Barnes & Noble has the refurbished nook color Wi-Fi eBook Reader (BNRV200) for $189 with free shipping. Features a 7" color display with 16 million colors, Wi-Fi support, 8GB internal storage, and micro SD support.
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if you don't like buy.com (for whatever reason; i'm indifferent) and/or refuse to pay sales tax, then you can get a refurb nookcolor (nc) directly from b&n through ebay for $199 (no tax; free shipping). why buy.com charges sales tax (ok, so i have a b&n down the street) but ebay doesn't, i don't know.
unfortunately i bought a refurb nc from b&n's ebay store for $225, literally hours before they lowered the price to $190 (grrr; though now up to $200). i like the hardware (eg beautiful IPS screen, good touch sensitivity) though the cpu is a little underpowered (800 mhz vs 1 ghz; single core vs dual core), causing the desktop animations to skip, but that might just be because i use cyanogen mod 7 on it, not the default firmware (which might dial-back the eye candy).
i still primarily use it as an ebook reader (pdf & epub), but occasionally do light web surfing on it.