Wal-Mart has the Asus Eee Pad Transformer 10.1-inch tablet for $398, plus 97 cents for shipping (and sales tax in most states).

I think that’s the lowest price I’ve seen for a tablet powered by Android 3.0 (aka Honeycomb). Heck, it’s among the lowest prices I’ve seen for a 10-inch tablet, period.

What puts the “transform” into the Transformer? Asus