Velocity Micro recently announced the availability of the Cruz Reader preorders and we now know that the 7 inch Android 2.1 slate will be reach online and real life stores in early September, with a $200 price tag. The larger Cruz Tablet will ship in the same month, for $300, while a child-oriented StoryPad device will debut in September too for $150.

Back to the Cruz Reader, this 7 inch gizmo is meant as an e-book reader and a media player. It packs an 800 x 480 display, with a 4:3 aspect ratio, ideal for text reading. Velocity Micro will also provide a Borders’ bookstore app and access to over 2 million titles. The Cruz Reader will do 720p video and store 4GB of content on a microSD card.

[via electronista]