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It’s been about 14 months since Asus first showed off a 10 inch convertible tablet-style netbook. And now it’s finally on sale in the US. You can pick up the Asus Eee PC T101MT from Amazon for $499 plus free shipping or from Mobile Advance for $509 including shipping. I checked with my contact at Asus, who told me that the netbooks are due in today, which means that Mobile Advance and other retailers should be able to ship orders within the next few days. I suspect additional retailers will start selling the Eee PC T101MT in the coming days.

The Eee PC T101MT is a netbook with a 10.1 inch, 1024 x 600 pixel touchscreen display. You rotate the display 180 degrees and fold it down over the keyboard for use in tablet mode. So while the netbook is a big heavier and bulkier than the Apple iPad, it’s about the same price and offers the benefits of a physical keyboard and the Windows 7 operating system.

On the down side, this particular model ships with Windows 7 Starter Edition, which means you don’t get some of the touch-friendly features included in other versions of Windows 7.

The Eee PC T101MT-EU17 that Mobile Advance is selling has a 1.66Ghz Intel Atom N450 processor, 1GB of RAM, a 160GB hard drive, 802.11b/g/n WiFi, Bluetooth 2.1, and a 0.3MP webcam. Asus is also offering a higher end model with additional memory and storage and Windows 7 Home Premium in some areas.

thanks Rochelle!