Acer Iconia Tab A200 is a decent alternative in today’s world of Honeycomb devices and for all those waiting for news on a potential Android 4.0 update, this will happen next year. What I can tell you is that this device will hit the market in February 2012, with a price tag of $470, at least in Russia, as our sources inform us.

This device was announced at the beginning of the current month and Acer claims that it has already started shipping in select markets. It’s likely that the company making this slate wants to match the price tag of the ASUS Transformer Prime, the first quad core tablet that will be selling for $499. Acer Iconia Tab A200 relies on a dual core 1GHz Nvidia Tegra 2 processor, just like most of the Android slates this year and it’s a 10.1 inch tablet with a 1280 x 800 pixel resolution.

There’s also WiFi on board, as well as GPS, Bluetooth, a full size USB port, 1GB of RAM and a 2 megapixel camera. The downside to this product is that there’s no rear camera, which is a real shame, since I’ve recently seen what the ASUS Transformer Prime can do and its 8 megapixel camera is the bomb!  Maybe for a lower price I’d consider this device on my Xmas list… for let’s say $300.