Like we've heard before, the Nexus 7 tablet is going to cost either $199 or $249. It's going to come with either 8GB or 16GB of Flash storage. Both listing pages are up in the Google Play Store but the product pages are still in limbo.
All in all, I'm impressed. This tablet has so far lived up to the leaks. It has killer specs at a killer price, and that makes me wish I could see the panic at B&N and Amazon headquarters right now. I think we could see every other Android tablet drop in price in the next few weeks. And yes, this is a direct competitor to the Kindle Fire. It carries Google Play, so it sells a better selection of content (apps, music, ebooks, and video) than Amazon.
But let's not get our hopes up too high; no one has actually seen it yet. The first hands on posts won't be out until this afternoon.