We've all heard of the low-budget Velocity Cruz tablets before, and it looks like company is keeping the brand alive in 2012 with a pair of Android 4.0 tablets.

As expected, these aren't the most powerful portables on the planet -- but, then again, they'll likely have a price to match. The smaller of the duo is the Cruz T507, a 7-inch slate with a Cortex A8 1.2GHz processor, 512MB RAM, 8GB internal store, front-facing camera, HDMI out, and Amazon's Appstore as its go-to marketplace.

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The T507's larger brother, the T510, is essentially the same tablet in a 9.7-inch shell at 8.9mm thick. Like the smaller variant, it's packing a 1.2GHz Cortex A8, front-facing camera, HDMI out, and uses the Amazon Appstore. Strangely, VM didn't mention the amount of RAM in the T510, but we're willing to wager that it's also sporting 512MB.

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There's no word as to exactly when these tablets will be available (or price), but the announcement is coming next week at CES, so we'll likely see all the details then.