Ainol Novo7 Paladin is a MIPS tablet that was offered for $99 retail price and another $66 for it’s shipment cost. But it seems like those price is only valid for few weeks ago.

According to PandaWill and some of our friends in Merimobiles, there will be no more shipping cost for the 7 inch tablet and you can own it for $119.99 only. But we don’t have any clue if this tempting price will stay forever or just valid for the rest of this year holiday season. However we can assure you that there’s no cheaper tablet in the market than this one. And uh, did we forget to tell you? Paladin will be work under the latest Android 4.0 Ice Cream Sandwich OS.

Paladin is currently powered with a 1 GHz JZ4770 Xburst MIPS processors. There’s also Vivante GC860 chip that is specially dedicated to handle the graphics. It’s 7 inch screen is able to provide 800×480 display. 8 GB onboard storage is implemented inside the tablet hood. The rest of the features including access to android market, mini USB port and WiFi connection support. If you’re looking for affordable yet decent android tablet, then you should immediately grab this one.