Acer Iconia A110 wades into budget tablet waters (but is it cheap enough?)

Acer has revealed its latest Android tablet, the Iconia A110, taking on Google's Nexus 7 with a Tegra 3 powered 7-incher for $229.99. Fronted by a 7-inch, 1024 x 600 display and tipping the scales at 0.86 pounds, the A110 has a 2-megapixel front facing webcam, 1GB of memory, and 8GB of storage.

There's also a microUSB port supporting USB Host, MicroSD card slot for augmenting the onboard storage, and a micro HDMI port for hooking up a bigger screen. Inside there's WiFi and Bluetooth 3.0, though no cellular wireless option, and a battery which Acer claims is good for 7.5hrs of runtime.

Like the Nexus 7, the OS is Android 4.1 Jelly Bean, and Acer slaps its own "circles" app launcher on there too. Sales will kick off on October 30 in the US and Canada, with the Iconia A110 priced at $229.99.

At that price, Acer will be in for some very strong competition, and we're not sure whether the Iconia A110 can quite hold up to the scrutiny. Both the Nexus 7 and Barnes & Noble's NOOK HD are cheaper out of the gate – each kicks off at $199.99 – and have better quality displays, running at 1280 x 800 and 1440 x 900 respectively.