Lite-On has released its newest sub-$70 Blu-ray drive, the iHOS104. The iHOS104 features read speeds of 4x for BD-ROM, BD-R and BD-RE discs, 8x for DVD-ROM discs and 32x for CD-ROM discs along with a 2MB buffer and SATA interface. Lite-On say the drive is targeted at consumers who want to experience high definition (HD) content at an affordable price. The iHOS104 is bundled with CyberLink's TrueTheatre HD software and will retail for US$69.99. The drive is now available in the US with availability in Europe due next month.