The Barnes and Noble Nook

Barnes and Noble’s has decided they can take less money on their tablet: The Nook. They’ve dropped $20 on 2 of their tablets and $50 on the 16GB model. This comes just before their biggest competition, the Amazon’s Kindle, releases another version.

This is great news for folks holding out or looking for holiday presents this year.

Tablets are getting stronger processors, better apps and more features overall on top of price drops.

If you’re a hold out, it might soon be time to jump in and grab a tablet.

More on the price wars at time.com