The Nexus 7 tablet comes with Android 4.1 Jelly Bean. It has an IPS LCD 216ppi Display and solid viewing angles. Watching HD videos look impressive.
However, nexus 7 doesn't have much of a video-out option. There isn't an HDMI slot and the microUSB port doesn't support High-Definition Link (MHL) adapter. So you can't connect your tablet to your TV with an HDMI cable for transfering both HD-quality video and sound, or viewing your photos. The cut corners make it cheap, but video out is a huge feature for many users. I hope that the next generation will have this hardware update.