Vizio launches 8-inch tablet for $299, out in some stores now

(CBS/CNET) - Vizio just launched its 8-inch tablet.

The Vizio 8" Tablet with WiFi comes equipped with a built-in GPS and 2GB of onboard storage (which is expandable up to 32GB with a microSD card). Users can connect to the Internet via Wi-Fi, and download apps from the Android Market. You can even use it as a universal remote to control your home theater devices.

Intrigued? You can get it at Sam's Club, Wal-Mart, Costco and Amazon.com for $299.

"Vizio's decision to drop the price of its tablet to $299 comes as a surprise. In June, reports surfaced, claiming Wal-Mart would be selling the tablet for $349. Last month, Vizio started offering the device on pre-order for $399.99," reports CNET. "However, at the time, customers could go to Costco or Wal-Mart and order it for $329 or $348, respectively."

At the moment, you can also get it on Vizio's site for $369 with a WiFi bundle. (But why would you when you can buy it cheaper?)

Since the Apple iPad 2 starts at $499, Vizio's new tablet is a more affordable option for customers on the market for an Android tablet. "It also puts it within striking distance of the Barnes & Noble Nook Color, which comes with a 7-inch display and Android for $249," CNET adds.