CrunchPad Tablet Delayed by High Production Costs Michael Arrington's CrunchPad MID Tablet Could Be Canceled

TechCrunch founder Michael Arrington's first dive into the gadget
business may end up badly after his budget tablet, the CrunchPad has
been hit by higher-than-expected costs and delayed. The project which
started as a dead simple web tablet was initially supposed to cost
close to $200, but after seeing a prototype in action Arrington has
annoucned that a sub-$300 price-point would be more feasible. Where here
we are now, with analysts in Sillicon Valley feating the the Crunchpad
may have found itself in front of a dead end.
Either delayed, held until the whole economy picks up or until it's
ready to launch with Google's Chrome OS, Michael Arrington has failed to
comment the new rumors. As a matter of fact, half a year ago Arrington
has announced that the CrunchPad would be unveiled at an event (in
either July or August) that never took place. Again, he failed to
provide an update.
As much as we'd like to get our fingers playing with a Intel Atom
processor, 1 GB of RAM, built-in Wi-Fi and possibly 3G, the Crunchpad
may not be the dream device Michael Arrington has envisioned. At least
not price wise.
Kudos to Arrington for the amazing job he's done on TechCrunch, but the
gadgets business is a bit more complex. At least he tried!!!