To start off, the slate is pretty large, with a screen measuring 9.6 inches (800 x 1280, 157 pixels per inch). The device is powered by a 1.3GHz, quad-core Spreadtrum SC8830 processor with a dual-core ARM Mali-400MP2 GPU and 1.5GB of RAM. There are 8 gigs of storage available on board. From what we're seeing, it doesn't appear as if Samsung is planning on adding any cameras to the device, which could indicate that the company will be aggressive in terms of pricing.
As for a release date, we simply have no clue, but we'll keep our ear to the ground.