Don't worry. Wait a couple of weeks after release. There will be a buy 1, get 1 free promo. Just lke any other motorolla droid products. 
I had no interest in the base model iPad and I paid $729 for the one I ended up with.
This thread shows me how a lot of you guys can suspend disbelief to help the cause, and how little most of the users in this forum actually know about consumer electronics.
Either way is too expensive for an entry level. It's just $30 cheaper than the higher-end iPad. No WiFi only, and goes on Verizon contract, so I supposed is CDMA only; that is a bold move when most carriers in the world use GSM. What market are they targeting really?
Update from Engadget:
Update: We've heard rumblings that this is indeed just a price holder -- much like the way other companies price products they don't want to sell at ridiculous levels -- and the final price will indeed be the $800 we've heard most consistently to this point.
Well, that is a bit stupid, isn't it? If it is just a placeholder, then they should have picked a price like $9,999, not $1,199 which is just too close to a realistic price to start damaging rumors.
I think people are missing the point. Motorola isn't going after the entry level consumers. At $800, it's the high end for a tablet. To me it seems like a "test" product to see the demand for it or maybe with the components they have, this is the only segment they can go after that will be profitable. Either way, I lost interest after after watching the demo for the HP tablet. Motorola should be going after a wider demographic like Apple.
I know what you mean.
However, perhaps it helps if you look at this another way.
Apple is one company that tries to cover as many bases as it can in one go.
Android based tablets don't have this problem as there are many different manufacturers who can add or take away the "Extra's" to the basic spec to position themselves in the tablet price world.
Some makes will go all out to cut prices, very low end camera's very cheap thin plastic case, touch screen not that great, poor speaker, poor battery, but it will work, and be at a price point that some can only afford.
Other makes may go mid range, whilst other brands go high end, with extra memory, higher megapixel camera's, better batteries etc etc.
But if they are all running Honeycomb and can access the same apps.
This does give the format an advantage.
Of course, we are still guessing and it's going to take some time before we see how it's looks like panning out in reality.
As I've said before, I think it's going to be a couple of years (mid 2013) till we have a pretty good picture of the tablet world and how different formats are doing in reality.
That's my biggest issue with Android Tablets. All those inferior tablets being released dilute the brand. They don't have low end to high end. It goes below that for many of these Android tablets. Apple has a low end tablet to high end, if you purchase the 3G/GPS for the $129 premium and varies depending on capacity. The quality is the same aside from that.
and we thought the ipad was overpriced!
Current Apple 3G 32GB iPad $729
Proposed price for the 3G 32GB Motorola Xoom - $799
Current Apple 3G 32GB iPad $729
Proposed price for the 3G 32GB Motorola Xoom - $799
Two high megapixel cameras and a Flash on the rear.
1GB of Ram
Larger, higher resolution screen
Dual core CPU and faster GPU
HDMI Out and Micro SD slot
Gyro and I think Barometer
Plays Adobe Flash
Supports more video formats as standard
A more advanced brand new user interface
etc etc.......
Is all of the above not worth $70 more?
Seems like a superb bargain to me to get all that extra for only 70 dollars more than the current iPad.
There was no mention of storage space at the 800 dollar price point for Motorola Xoom.
Is all of the above not worth $70 more?
Seems like a superb bargain to me to get all that extra for only 70 dollars more than the current iPad.
You are also overlooking the App universe Apple commands. There is NO Android app for Netflix, and it may be a long time before Android deals with the CRM issues that keep that sort of content off limits.
There are literally thousands of Apps that run great on the iPad. There are a handful that run on Honeycomb.
Thanks Motorola for making my mind up for me. IPad here I come.
This really isn't going to be decided here. This is a geek forum, by geeks, for geeks.
As my mom said at the Xoom superbowl ad, "is that the new iPad?"
Nobody cares about flash. Nobody will care about the camera. Nobody knows what a xoom is. Nobody but us geeks.
In a few weeks a new iPad will be announced, and the talk won't be about the cpu, or flash, or the megapixels of a camera. It will be about how much they like [fill in the blank] on the new iPad. The name is portable computing. Apple has already crushed the competition, before the fight started.
Showing up with flash in an overpriced model using an OS that (while nice i admit) is only 90% of the way there is not enough. You can't show up to the race track ready to run on friday for a race that was over tuesday, in the papers wednesday, and already old news thursday.
Good luck moto.