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Don't know what happened wrong. Did you wait long enough in order for the root to completely finish? If I remember correctly, it took about 5 or so minutes for mine to do so.

Also, did you download and install the correct version of the root? The Nook Color may have one of two versions on it. Check yours in Settings to see if you're using the correct one. Restore your Nook Color to factory (easy to do, need a Wi-Fi connection though) and try again with the correct version of the root if that was the problem. Once you get it Goldilocked (just right), you'll have a great, modestly priced little tablet!