I'm waiting for the announcement of the "Nexus 7".

No doubt it'll have Tegra3, 1GB RAM, 720p display, Android 4.1
But also 4,000mAh battery, Front Camera, Wifibgn, BT2.1, NFC, HeadJack, Accelarometre, Gyro, Mic, Loudspeaker.

I wish it has official USB-HOST and HDMI-out support. But I don't think the Nexus7 or Nexus Tab will have a microSD slot, it would be a stupid choice not to. If it doesn't have, then one can only purchase the 16GB as the 8GB wont suffice.

Rumours say the 8GB+ NAND will retail for $199, If its got an SD slot, I might have to get one.
If it turns out to not have one and $249 then, I'll be getting the Elf2, custom firmware and apps before I give it to a friend (and a review here beforehand).

Something in me hopes to get the Elf2 though, at least hoping for a quick price cut on it if the Nex7 is simply that good.