Google's first tablet, the Nexus 7, is now officially on sale. How does it stack up to other tablets on the market? YNN's Adam Balkin filed the following report.

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Google's tablet, the Nexus 7. Created with hardware manufacturer Asus and officially on sale now, Google says what sets this device apart from others in an increasingly crowded tablet market is its size, price and performance.

"We really wanted to do everything you could do on these high-end tablets typically costing $500-$600 and make them available for $199 in a very portable form factor," says Google's Patrick Brady. "So it has an IPS screen, it has a 720p display, it has a quad core processor, dual microphones, GPS, all of these things. Even NFC so you can use it for tap and pay payments, sharing and things like that. It has all of that wrapped up in a really great form factor that's really easy to carry around with you, really easy to hold with one hand."

The Nexus 7 will also be the first tablet running Google's new Android operating system, code named Jellybean, which not only offers a whole bunch of new functionality features but also offers some performance upgrades (in particular, how responsive the tablet is to your touch).

"You notice a big difference even from 4.0 to 4.1," says Peter Rojas of gdgt.com. "And I think in a tablet especially, being able to touch things and manipulate things and have you touch it the responsiveness to your input, it makes a really big difference. I think that is the big leap forward we've seen here."

Choosing between tablets gets confusing. If you compare the Nexus to the similarly-sized, similarly-priced Kindle Fire, the Nexus is more powerful and, again, running the new operating system. But well-placed rumors indicate a Kindle Fire 2 announcement is imminent.

If you compare the Nexus to the iPad, the Nexus costs much less and has that pocketable form factor. But yet again, a well-placed rumor indicates that any day now, Apple will announce a new smaller, less expensive iPad.