Google unveiled the Nexus 7 on Wednesday, a new 7-inch tablet, that will feature the latest version of Android with faster rendering, a smoother motion and scrolling, as well as support for Google Play, a cloud-based system which allows users to get updated programs and access thousands of apps, songs, books and movies.

The tablet was shown at Google’s I/O Developer's Conference. It will feature the new Android 4.1 Jelly Bean (Project Butter) operating system. Orders will be shipped out in mid-July. 

Nexus 7 is available for pre-order today for $199 for the 8GB version and $249 for the 16GB version with $25 credit at Google Play. The last package will include a free "Transformers" movie, books and magazines. 

One cloud-based application supported is 'Google Now,' which synchronizes search history, location history and a calendar to optimize commuting routes, train and bus schedules, restaurant menus and reviews with Zagat's survey results. 

Nexus 7 will come with pre-installed: Gmail, Chrome HD, Youtube HD App: optimized for nexus 7, Google Maps with compass mode using a gyroscope and Zagat reviews. Offline Maps can be saved and downloaded. 

Currently, 'Google Play' has over 600,000 apps and games available to users, with over 1.5 billion monthly installs and over 20 billion app installs to date.
Its features include:

Display: 1280 x 800 High Definition screen

Tegra 3 quadcore cpu, 12 core gpu = 16 cores

Wi-Fi Bluetooth & NFC

9 hrs HD video

340g or 0.75 lbs (less than a pound)

Will You Buy the Nexus 7 Tablet? Take the Poll Below: