Right now, the only way to put videos on your nook color is to convert them with either DVD Cat or Handbrake. Handbrake is free but DVD Catalyst is better software and is only $10.00.
There is no way to run Netflix on the NC (unless you root) and probably wont be for quite a while as it is an android device. Some BN sales people in November and December of last year said that Neflix would be a part of the update but if was false information.
Hope this helps