The TechCrunch tablet first appeared about a month ago and seems to actually be moving along. The first prototype has been built. The current design is in an aluminum case that a local sheet metal shop put together for them but the final design will most likely use plastic and be almost twice as thin as the current prototype.

They booted the hardware for the first time today and were able to use it to navigate to a web page using the touch screen. The hardware specs are practically final and the rest of the work is going to be done on the design of the case itself, the software, and UI.

They have a team working on the project and Michael Arrington also said: “We’ve learned a lot about building a hardware device over the last few weeks, and it’s clear that it is quite possible to build a high performance web tablet in the price range we anticipated.”

They originally suggested a price range of about $200 and I think it might actually be possible. I was a little down on the project originally but I’m getting a little bit more hopefully for the project, the picture below doesn’t exactly get me excited but I sure as heck would love to have a 10″ (or so) touch screen that I can surf the web on while I’m sitting on the couch.