The tablet has a 1.33 GHz Intel Atom Z3735 quad-core CPU, with 1GB of RAM and 16GB of storage. It has only a single front-facing camera (this is part of the reason why the price is so low), and the screen resolution is reportedly 1024 x 600, so this tablet is not going to be for everyone.
But it does represent a new lower rung for Windows 8 tablets, bringing them closer to competing directly with $99 Android tablets.
In fact, this tablet reminds me of a couple $99 and $110 tablets I have seen over the past few months, leading me to wonder why it costs more. Microsoft is waving Windows license fees for budget devices, so this tablet should be nearly as cheap as an Android tablet that has similar specs.
Perhaps Toshiba is pricing it higher because they, as a major device maker, have more overhead than budget tablet makers?
I don't know, but in any case here’s a hands-on with the device from nDevil TV, which pegs the price at $149.