Velocity Micro’s Android tablet called Cruz is now available for pre-order from Borders.com and CruzReader.com at a bargain price of $299.99.

The CruzReader.com order page is currently citing a late September release date, while Borders.com is expected to ship October 15th, so you may have to wait for a number of weeks before you can get your hands on one yourself.

After seeing the specs and the price, we think this tablet could very well be a genuine competitor in the market.

Specs

What exactly are you getting for your $300? The Cruz sports:

  • Full color TFT display
  • 7” diagonal 16:9 800x480 screen
  • Capacitive touch screen
  • a rumored 800MHz CPU
  • 802.11n wifi
  • 512MB RAM
  • 4GB internal storage
  • 8GB bundled SD card
  • Android 2.1
  • Supports ePub, PDF, TXT, PDB, HTML reader files
  • MP3, WMA, AAC, WAV audio support
  • MPEG-4, H.264, H.263, MOV, AVI video support
  • JPEG, GIF, PNG, BMP image support
  • Built in speakers
  • Mic and headphone jacks
  • Mini USB
  • User replaceable Li-Ion battery - up to 10+ hours of life, 24+ standby
  • Built-in Dictionary, Notepad, Calendar, Alarm Clock, Contacts, Games, and other useful apps
  • Access to over 2 Million ebooks via included Borders E-book library portal application (Kobo)
  • Access to the Cruz Market

The battery in the Cruz is reportedly good for 10 hours of usage, which is great for anyone hoping to use a tablet on the go.

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Market

Unfortunately, potential buyers might be faced with a rather substantial drawback to this otherwise promising Android tablet. As Velocity Micro isn’t a member of the Open Handset Alliance, there’s a rather high chance that the device won’t ship with Google’s stock Android applications. This includes the Android Market, so there may be a limited number of apps available for the Cruz. The specs page mentions a Cruz App Market but we so far have no information on what exactly this Market will be offering.

Photos

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We'll keep you posted on any details, should they surface before the device is released in September/October.

Source: Liliputing, CruzReader.com