You’ve probably heard of the upcoming CrunchPad by now. Its a project started by Michael Arrington, and the goal of which is to bring a web tablet with easy to use functionality to market with a reasonable price.
A recent post on CrunchGear says that Arrington may be planning a CrunchPad event (presumably an official announcement/launch) at the end of this month, or perhaps early August. Additionally it looks like the final price of Intel Atom powered CrunchPad will still be under $300 which certainly seems reasonable as long as the device is adept at consuming web content.