So Microsoft decided to build a tablet running ARM hardware and Windows 8 RT, I’m actually excited to play with one of these. They have also created a version running x86 hardware and Windows 8 Pro with much more powerful hardware. Watch the video here: http://www.microsoft.com/surface/en/us/default.aspx
Apparently there are two different covers, a touch type model and a more positive feedback model. they snap on like the factory Apple smart covers with a magnet. And when you change the cover, the theme uses the color from the cover.
From everything i have read, the price is supposed to be very competitive, the build quality is great and performance is fluid and smooth.
Here are the Specs provided by microsoft:
http://tech-no.104.210.61.21.xip.io/?attachment_id=1010
Here are some pictures for your enjoyment:
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