OQO announced new Model 2 products today that have improved performance and a new price starting at $1299. The new improvements to the line include high-capacity storage options.

The largest storage option is a new 120GB HDD and the standard hard drive is now a 40GB unit in the entry level OQO and 80GB in the standard high-end configuration. A 32GB SSD is now being offered and provides a 50% faster boot time and quicker application launch as well.

CPUs were also improved with speeds of up to 1.6GHz and WWAN is now available with EV-DO Rev. A from Verizon or Sprint. "With today's announcement, OQO further extends its lead in the fast-growing UMPC category," according to Bob Rosin, senior vice president of marketing & alliances. "OQO created the UMPC and our new products offer performance, wireless and storage options that further advance our vision of anytime/anywhere access to information, applications, corporate networks and the full PC internet."

Via OQO