Toshiba has announced their 7-inch tablet this afternoon, which will be available in December for ‘under $400’. The specs for the device are pretty nice:  a 1GHz dual-core Tegra 2 processor, 1GB of RAM, 16GB or 32GB of flash storage, Android 3.2, a 5-megapixel rear-shooter, 2-megapixel front-facing shooter, and 1280 x 800 display.

The little guy is also pretty light — only .88 lb. Check out This is my next’s hands-on above!