Hewlett-Packard is either getting desperate or feeling really generous lately. After slashing the HP TouchPad price by $50 until September 10, 2011, the company has decided to cut another $50 off just for this weekend: August 5, 2011 to August 7, 2011. In other words, you can grab the 16GB model for $400 and the 32GB model for $500. Oh, actually woot is offering the former for $385 (today only).

It gets better though. webOSroundup has dug up a $100 Staples coupon (in-store only) for a total of $200 off the original price. So you can get the 16GB model for $300 and the 32GB model for $400, if all goes well. Now the question is: are you going to go for this deal, or wait for the HP TouchPad 4G?

The HP TouchPad is a 9.7-inch slate (1024 x 768 resolution), powered by a dual-core 1.2GHz Qualcomm Snapdragon APQ8060 processor, 16GB or 32GB of built-in storage, 1GB of RAM, HP's Beats audio, a micro-USB 2.0 port, Bluetooth 2.1+EDR, a front-mounted 1.3MP camera, as well as a light sensor, gyroscope, accelerometer, compass, and GPS (3G model only). It measures 242 x 190 x 13.7mm and weighs around 740g. The device is running a WebOS 3.0 with true multitasking, Flash 10.1, a paneled e-mail application, a pop-up notification system like Growl, Skype support, wireless printing, calendar and e-mail integration via HP Synergy, as well as compatibility with Amazon's Kindle ebook store, Google Docs, QuickOffice, and more.

The HP TouchPad was released in the US on July 1, 2011. The device is available from US retailers, commercial resellers, and direct from HP with the option of either 16GB ($500.00 normally, less with rebates and discounts) or 32GB ($600.00 normally, less with rebates and discounts) of internal storage. Optional accessories (sold separately) for the HP TouchPad include the HP Touchstone Charging Dock ($80), the HP TouchPad Wireless Keyboard ($70), and the HP TouchPad Case ($50). For more details, check out our review.