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.

The T507's larger brother, the T510, is essentially the same tablet in a 9.7-inch shell at 8.9mm thick.

• Velocity Micro Announces 3 New Cruz Tablets Running On Android
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Velocity Micro Debuts A Pair Of Android 4.0 Tablets: The 7-Inch Cruz T507 And 9.7-Inch Cruz T510 was written by the awesome team at Android Police.

The 7" L37 has a 1024x600 capacitive touch screen, while the 8" P38 has a 1024x768 screen, and both come with 802.11n WiFi and 4GB of internal memory. The 10.1" P38 has a 1366x768 capacitive touch screen and runs on the NVIDIA Tegra 250 Chipset with a 1GHz dual-core CPU.

The tablets all feature front and rear facing cameras, 3G data options, Bluetooth 2.1, GPS and eCompass functionality, HDMI out and, sticking to its eReader roots, Velocity Micro will be pre-installing the Amazon Kindle app on the tablets.

• Velocity Micro Debuts A Pair Of Android 4.0 Tablets: The 7-Inch Cruz T507 And 9.7-Inch Cruz T510
• Velocity Micro Cruz Tablet Now Available For Preorder For $299.99
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Velocity Micro Announces 3 New Cruz Tablets Running On Android was written by the awesome team at Android Police.

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.

• Velocity Micro Announces 3 New Cruz Tablets Running On Android
• Velocity Micro Debuts A Pair Of Android 4.0 Tablets: The 7-Inch Cruz T507 And 9.7-Inch Cruz T510
• CES Saw Over 100 Tablet Launches - Here Are 76 Of Them In A Handy Table. Guess What OS Most Are Running
• Borders Releases New eBook Reader App For Android Called Borders eBooks

Velocity Micro Cruz Tablet Now Available For Preorder For $299.99 was written by the awesome team at Android Police.