Gizmodo: Nook Tablet Like Nook Color on Speed; Nook Color and Nook Simple Touch Prices Slashed

The $250 Nook Tablet isn't a completely new product or a radical overhaul of the Nook Color. It's still a 7-inch tablet packing wi-fi and 16GB of storage. But in addition to making it thinner and lighter, they've crammed in a 1GHz dual-core processor as well. It uses the same 1024x600 display as the Nook Color and is rumored to be running a TI OMAP4 processor. It packs 1 gigabyte of RAM, weighs less than a pound, and has 11.5 hours of battery life.