Nextbook is releasing a 9.7-inch tablet for $279.99. It runs Android 4.0 Ice Cream Sandwich. The tablet is equipped with 1 GHz processor and 1GB RAM. 8 GB of internal storage, with USB port and microSD card slot supporting up to 32 GB. WiFi is integrated.
Considering the specifications, it is a candidate for cheap and good tablet PC. If you are still looking, check this tablet at your local Radio Shack and Hastings.