The Toshiba Folio 100 is pretty much an Android equivalent of the iPad, with a non-3G version due in October and a 3G version due early next year. It's about a third less than the iPad too, and the Toshiba name on it should indicate that it will be reasonably high quality.
It's actually a bit heavier than the iPad, although there are plenty of docking options available. The rival Samsung Galaxy Tab has similar capabilities but a much smaller (but same resolution) display.
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