Viewsonic has announced the release of their budget friendly 7 inch ViewBook 730 Android tablet today. While their tagline of "changing the face of tablets" may be stretching things a bit, this one looks to be a great new product in the multi-purpose eReader category, and appears to have the market currently dominated by the
Nook Color

directly in its sights.

The ViewBook runs
Android 2.2

on a 1GHz CPU, 8 GB internal memory and microSD card support, 1080p playback via its HDMI out port, a VGA front facing camera, and uses a stylus much like the
HTC Flyer

. On the software side, it comes with the
Amazon Appstore

Adobe Flash

10 preinstalled.

The ViewBook will be available the end of June, and carries a MSRP of $249.99. Read the full press release after the break.