NVIDIA has finally announced an exact release date for SHIELD. June 27 will be the day you can get your hands on one of the devices, and it is even at a reduced price.
NVIDIA explains the price cut with: "we've heard from thousands of gamers that if the price was $299, we'd have a home run." This can be interpreted in two ways. One way is that sales have not been as good as expected so far, and NVIDIA are now trying to make up for this by lowering the price. Another way is that NVIDIA actually listens to its customers, and has lowered the price to a more psychologically appealing price point. There may be more evidence to support the latter, since the company also listened to all the people, who have tried SHIELD at various events, such as Computex, CES, and E3. Complains were made that the directional pad was mushy, and the buttons were not very well-defined. NVIDIA listened, and has now changed that, so it should provide a better gaming experience.
A quick summary of SHIELD: It features NVIDIA's Tegra 4 SoC, a 5 inch 720p display, and a gaming controller that appears to be inspired by the Xbox 360 controller. The OS is Android, which enables owners to either download android based games from Google Play, or stream regular games from their PCs. This means you can bring it with you on holidays and play android based games, or you can sit in your living room playing Crysis that is being streamed from your PC located upstairs.