Not sure if it counts as inexpensive to you, but I've handled the Nexus 7 and that is a pretty awesome tablet. It should be around $ 250 for the 32 GB storage version. Priced much lower than competitors, easy to hold in one hand, feels good (though not as indestructible as an iPad), and you are the first to get new Android versions and you are running Android as Google intended it. I've used Kindle reader on it, but not Netflix (not available here). Only issue, and I believe they are still working on a software fix for this, is that the automatic backlight dimming is not working properly in low-light conditions for some users. It makes the backlight flicker (like once or twice a minute) when displaying a mostly white screen. Setting the backlight to manual is the current workaround.
Linux Mint 14 Nadia / 64-bit / Cinnamon