• Google's take on the tablet, The Nexus 7, resembles the Kindle Fire more than the iPad, and is priced similarly at $199
• Tablet measures 7 inches, ships with Android 4.1 Jelly Bean, and will is the first to have Chrome for Android.
• Hardware is made by ASUS, has a 1.2 megapixel camera, and comes with a $25 Google Play credit.

From the article:

Some of the mystery has been taken out of it, but Google has officially taken the wraps off of the Nexus 7, its first reference-grade tablet. The 7-inch slate is the first and currently only device shipping with Android 4.1 Jelly Bean, and takes advantage of its optimization for smaller tablet screens, magazines and movies -- it's also the first to ship with a finished Chrome for Android. Like what was widely suspected, the tablet is built by ASUS (shades of Eee Pad MeMO ME370T, anyone?) and mostly draws...