Hot...just get a stud. Most latina girls are hot anyway. I mean sometimes I put on the spanish channel and can't understand a single word of it. But I just get sucked in somehow because there's always super hot latin women on there normally yelling and screaming and being all dramtic so sexy. Or that spanish judge cristinas court...i dig her.
Nose rings gross me out regardless of race. Small studs (as in 1-2mm in diameter) are fine -unless you already have lots of facial piercings. I find just the stud in combo with earrings pretty hot. But, again, anything other than a stud in the nose is nasty.