Being East Coast–based, I wasn’t able to attend this year’s Google I/O event(s goog), but our team was on-site to cover all the news. And there was no lack of it, either: I’m still processing the many moving parts that make up Google’s mobile strategy. While I ponder, Google sent me a few review units of the new devices, and the Nexus 7 tablet was the first I looked at. Make no mistake, this tablet is aimed squarely at low-cost consumption slates, such as Amazon’s Kindle Fire(s amzn) and the Barnes & Noble Nook Tablet(s bks).

That may sound obvious based on the price: Google is selling the Nexus 7 in an 8 GB model for $199, while $50 doubles the capacity. However, if you had any doubts on the audience Google is targeting with the Nexus 7, they will disappear as soon you turn on the device for…

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