The iPad is an angry bull in full rut. Some brave fools may be willing to risk their lives trying to wrestle it down, but Velocity Micro isn't one of them. They've shaved a few hundred bucks off of the entry-levels price-tag (and a few features as well) and put together a family of budget tablets. (Gearlog) All three slates will run on Google's Android OS.
The Cruz Reader will launch in August. It has a 7" 4:3 display with a built-in accelerometer and SD capability. It is priced at $199. For another $100, you can upgrade to the Cruz Tablet. This one will hit in September and has an 800x480 display with a 16:9 screen ratio. It has n WiFi, 4 GB on-board and an 8 GB SD card. No 3G though, which will be a dealbreaker for many.
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Last in line is the Cruz StoryPad, a children's tablet with the same basic features as the Cruz Reader, plus drop-resistant casing and an interface designed to be intuitive for children. We'll see how well they did in August.