In an effort to make the tablet "even more portable," a 32GB version with HSPA+ antenna (compatible with AT&T and T-Mobile) will be released November 13th (the same day as the*Nexus 4
and*Nexus 10) for $300 unlocked.
No word yet on exactly when the Nexus 7 will get the Android 4.2 update, but we'd be surprised if Google waited even a week after that November 13th launch date.
http://www.ign.com/articles/2012/10/..._medium=social