Being an early adopter sucks sometimes – especially when the device which you picked up isn’t even a year old, and it has already experienced a permanent price cut. Some of the ‘victims’ to this unwanted phenomenon would be the Nintendo 3DS, and more recently, the HP TouchPad. The low-end TouchPad has seen its asking price slashed by a Benjamin to just $399 as this webOS-powered tablet intends to stand out in a crowded tablet market.

Featuring 16GB of storage space, this entry-level TouchPad was originally thought to be part of a brief price cut, but the drop seems to be permanent at the moment – at least according to HP’s Web.

It remains to be seen whether this is the start of a price war, and while HP controls the webOS tablet market, this doesn’t mean it has it easy as there are tons of Android tablets out there in the market, with Motorola and Samsung selling their entry-level 16GB Wi-Fi models for a hundred bucks more.

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