Check out the Tablet formerly known as the Crunchpad. The tablet features a 12.1″ capacitive screen and will handle full HD video, runs on a web-based OS and boots in 9 seconds. JooJoo apparently means “Magic” in Africa. The device will cost $499 and the company will start taking orders soon. They should ship 8-10 weeks from order time.

Along with those details, Fusion Garage CEO gave his own version of the story. According to him, Michael Arrington promised a lot about software, hardware and funding, but did not deliver.

But will the tablet be a hit? It’s a tough market. At that price it may be hard.

[Ubergizmo]