ASUS has officially launched the Eee Pad MeMO at the 2012 Consumer Electronics Show. The Eee Pad MeMO is a smaller, 7-inch tablet that will run Android 4.0.1 Ice Cream Sandwich when it launches in Q2 2012. The full specs:

No word yet on the Eee Pad MeMO pricing and availability, though we expect ASUS won’t price this tablet higher than their Transformer Prime models, which start at $500. The MeMO will likely come in the $350-400 range for the 16GB variant, though ASUS could surprise us by going lower to target the Kindle Fire price point.

The Eee Pad MeMO will be available in the 2nd quarter of 2012. Anyone out there interested in picking one of these up, or will it really depend on the price point?