Nvidia’s CEO Jen-Hsun Huang believes that pricing of Tegra 3 tablets will drop quickly. Jen-Hsun Huang expects at least some of those tablets to be on sale for USD$299 within “a couple quarters,” according to a post on Engadget. That remark was made over lunch and there is no explanation why the price could drop so dramatically from the current figure of about USD$500 – a price point that has been pretty stable for the basic models of high-end tablets for more than a year and a half.

Of course, Huang’s note makes you think about whether it is sensible to drop USD$500 or more on a high-end tablet for Christmas if you could get the same tablet, with a possibly newer version of Android, for nearly half the price by mid-2012. However, if Huang is right, tablets could suddenly make much more sense for those who have the desire to own a touch entertainment computing device and haven’t bought an iPad or Android tablet yet. A full-featured Android tablet for USD$300 sounds much more enticing than the USD$800 Motorolla wanted for its original Xoom.

However, we also know that the prices of low-end tablets will also fall. USD$150 or even USD$100 for a next-gen, entry-level Kindle Fire is more than realistic – and there are plenty of rumors that suggest that a future Kindle tablet could be offered free of charge and may simply be cross-financed via cloud services.