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Play book 16GB was $499, now $299. 32GB was $549, now $349. 64GB was $599 now $399. Other tablets have been discounted as a result of the Kindle Fire threat to the market. 

7 inch tablets have been heavily discounted in the last two weeks following the announcement of the Kindle Fire at a low price of $199 and debuts on the American market, November 15th, 2011.
I would like to eventually get a 7 inch tablet that neatly fits into my pocket with lots off functionality and apps inctead of a bulky expensive 10 inch IPad Tablet. Sooner or later a 7 inch Tablet that meets my needs will come around. Music, emails, PDF reader, web browsing, word/spreadsheets, photos and cameras/HD recording, etc in the device.

Would it be best to wait for Kindle Fire or buy other 7 inch tablet?