It looks like the CrunchPad has been killed by higher than expected costs

We have been hearing stories of the CrunchPad for a while now, but for those of you who may be unfamiliar, the CrunchPad is a web tablet that is being developed by Michael Arrington of TechCrunch.

Just to give a brief history, the CrunchPad news first hit with a promise of a tablet that was designed solely for web browsing, and on top of that it was a tablet that was expected, or at least hoped to be priced at $200.

That was back in the middle of 2008. Of course, moving forward that $200 price tag turned into $300 sometime around April of 2009. Still, not a bad price, that is assuming it was made with some quality. At that time, there were even some prototypes around. But still nothing firm in terms of when the CrunchPad would be released.

Flash forward to today, November 2009 and Silicon Alley Insider is reporting that the CrunchPad may be out of business due to higher than expected development costs.

One story we heard from a few people on a recent trip to California is that the CrunchPad is supposedly being delayed — perhaps indefinitely — by increasing expenses.

Of course, there was that one rumor that suggested the CrunchPad would be released in November for around $400, and hey, November is not yet over so maybe we will see it hit the market after all.

Bottom line, it does not seem to be looking good. That said, I still want one.

Read [Silicon Alley Insider]