Along side their PC models, VM will be showing off a 7" and a 10" Android tablet. The new 7" Cruz Tablet T507 is billed as a budget tablet, and VM is boasting that it will cost only $150. It's running on a Cortex-A8 1.2GHz CPU with a Mali 400MHz GPU, 8GB Flash storage, and a camera. The T507 is also going to be getting a larger cousin. The T510 will have similar specs, just with a larger screen size and a rear facing camera. It has the same CPU and GPU, and HDMI out.
If these tablets live up to the specs then they're going to be really cool. But I notice in the press release that VM doesn't mention the screen resolution, and they also don't mention the release date. And it seems likely that they won't be shipping with Android Market or Google apps; VM's last several tablets shipped with the Amazon Appstore and the Kindle app.
But before you get too excited about the new tablets, you need to remember that these are the folks that showed off several tablets at CES 2011 which I don't think were ever released. And those mythical tablets had a lot in common with today's tablets; each runs the latest cutting edge version of Android and had best in the market specs for the quoted price.
We could be looking at more vaporware. In any case, they're on my list of companies to meet.