Technical specs for the Kindle Fire, priced $199:

Display: 7″ multi-touch display with IPS (in-plane switching) technology and anti-reflective treatment, 1024 x 600 pixel resolution at 169 ppi, 16 million colors.

Size (in inches): 7.5″ x 4.7″ x 0.45″ (190 mm x 120 mm x 11.4 mm).

Weight:14.6 ounces (413 grams)
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System Requirements: None, because it’s wireless and doesn’t require a computer.

On-device Storage: 8GB internal. That’s enough for 80 apps, plus either 10 movies or 800 songs or 6,000 books.

Cloud Storage: Free cloud storage for all Amazon content

Battery Life: Up to 8 hours of continuous reading or 7.5 hours of video playback, with wireless off. Battery life will vary based on wireless usage, such as web browsing and downloading content.

Charge Time: Fully charges in approximately 4 hours via included U.S. power adapter. Also supports charging from your computer via USB.

Wi-Fi Connectivity: Supports public and private Wi-Fi networks or hotspots that use the 802.11b, 802.11g, 802.11n, or 802.1X standard with support for WEP, WPA and WPA2 security using password authentication; does not support connecting to ad-hoc (or peer-to-peer) Wi-Fi networks.

USB Port: USB 2.0 (micro-B connector)

Audio: 3.5 mm stereo audio jack, top-mounted stereo speakers.

Content Formats Supported: Kindle (AZW), TXT, PDF, unprotected MOBI, PRC natively, Audible (Audible Enhanced (AA, AAX)), DOC, DOCX, JPEG, GIF, PNG, BMP, non-DRM AAC, MP3, MIDI, OGG, WAV, MP4, VP8.

Read here for more details.

Jeff Bezos talks about the Fire here.

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