The Asus Eee PC T101MT has been out for a month or so now and the response to it has been mixed.

The T101MT’s sturdy build quality, slick looks and small size are appreciated but its touch screen response is lacking in many respect. The touch screen requires a hard press to respond. The combination of slow performance and bad touch screen response make things worse, as sometimes the user simply does not know if the device actually received the finger touch or not.

Asus T101MT netbook – review from Andrei Mihai on Vimeo.

Based on various rumors and confirmed specs by ASUS, we have compiled this specification list for the Eee Pad, which for the most part should be right on (remember we were almost spot on with the specifications for the T101):

Operating System: Google Android OS with ASUS-branded interface

Software: Support for Adobe Flash

Display: 7-inch capacitive multi-touch touchscreen

Graphics: NVidia Tegra graphics accelerator (with 1080p HD video playing)

Resolution: 1024 x 786

Battery: Li-polymer, 8 hours runtime

Processor: ARM CPU

Storage: 64 Gb on integrated flash

Audio: Digital Array Mic

Camera: Integrated 0.3 megapixel webcam

GPS: Integrated A-GPS unit

WiFi: Wi-Fi (802.11a/b/g/n)

3G: Integrated 3G connectivity with UMTS/HSDPA (850, 1900, 2100 MHz)

Interface: 2x USB ports

Price: Around $499

Release date: July (Q3) 2010

In addition to the forthcoming ASUS Eee Pad which is released in July and will run Android, ASUS will also be releasing a Windows 7-enabled tablet.

ASUS is like everyone else unsure about what direction the market is moving in and betting on two horses. The difference is really between running a lightweight but limited web-focused operating system like the iPhone OS or Android vs. running heavyweight operating systems that run advanced software applications like Windows 7 and Mac OSX do.

The question is what the people that buy these things want. Just browsing and running basic applications from the app stores, or actually doing advanced work.

Due to the nature of Windows 7, it’s to expect that ASUS will come with a higher-spec device than the Eee Pad.

The ASUS Eee Pad release date is set for July of this year. ASUS‘ CEO Jerry Shen announced this at a conference in Taiwan.

The Eee Pad is positioned to compete head on with Apple’s iPad. It offers distinct features that are missing on the iPad such as full Adobe Flash support, USB ports and an integrated webcam. In addition, it features Google’s open-source lightweight Android operating system. This also seems to be an obvious choice seeing Apple chose its lightweight iPhone OS over its heavyweight Mac OSX to run on the iPad. Finally, its graphics will be supported by NVidia’s Tegra chipset, a standard for mobile devices now.

ASUS expects the introduction of tablet as a new segment in consumer computing will reduce netbook demand by 10 to 20%. For that reason, ASUS wants to have its slice of the tablet pie before it reduces its own netbook sales.

The ASUS Eee Pad will not surprisingly be priced around the iPad’s price of $499 USD. ASUS expects to ship at least 300,000 Eee Pads by the end of 2010. These are ambitious numbers, but ASUS did it before with its netbooks and the T91 and T101 tablets.

We were not far off with our artist rendering (see picture above). This actual photo of the Eee Pad went up on blogs this week, looking good right? We can’t wait!