Finally, the wait is over! The 7" Acer Iconia Tab A100, built on Android 3.2, is now available on the shelves.

The Iconia Tab A100 runs on Google Android 3.2 "Honeycomb" operating system, the new version of the Android platform specifically optimized for tablets. Acer said Iconia Tab A100 is the  first tablet with a 7-inch screen to run Android 3.2.

The WiFi-only device, which has a 7" display and weighs 410 grams, offers full support for Micro SD card that now can be accessed from the PC via USB connection.

The tablet is powered by the dual-core NVIDIA Tegra 2 processor and said to provide four hours of battery life on regular internet usage.

"On this 7" (1024x600) full touch screen tablet, you can enjoy movies, read books, and browse the web with Flash 10.3 support. Most impressively you'll be able to run and play premium arcade games and complex online 3D games," Acer said in a statement.

Meanwhile, Acer's tablet also provides 1080p video playback, HDMI out and has Dolby Mobile technology.

On the camera side, the tablet comes with a 5MP auto-focus rear camera with 720p videos, and a 2MP front-facing camera for video calls.

Acer Iconia Tab A100 costs $330 for 8GB version, while the 16GB number comes for $350.

Acer Iconia Tab A100 competes with HTC Flyer and RIM PlayBook in 7-inch category. Let's see where the Acer's latest tablet stands against its rivals.

Acer Iconia Tab A100:

OS: Android 3.2 Honeycomb

Camera: 5MP rear and 2MP front

Processor: 1GHz NVIDIA Tegra 2 chip

RAM: 512MB RAM

Display: 600 x 1024 pixels

Dimensions: 195 x 117 x 13.1 mm

Weight: 0.9 pounds

HTC Flyer

Display - 7-inch

Resolution - 1024x600

OS - Android 2.3 (Gingerbread)

Processor - Snapdragon 1.5GHz

RAM- 1GB

Memory- 32GB

Camera- 5MP rear and 1.3MP front

Weight- 0.93 pounds

Dimensions: 195.4 x 122 x 13.2 mm

Internet: HSDPA 14.4 Mbps, HSUPA 5.76 Mbps; Wi-Fi 802.11 b/g/n, Wi-Fi hotspot

RIM PlayBook:

Display - 7-inch

Resolution - 1024x600

OS - QNX

Processor - TI OMAP dual-core 1GHz

RAM- 1GB

Memory- 16/ 32/64 GB

Video Playback- 1080P

Camera- 5MP rear, 3MP front-facing

Weight- 0.88 pounds

Dimensions: 194 x130 x10 mm