Picked up the new Tesco Hudl on Thursday.
It runs very slightly laggier than our Nexus 7 (due to only 1Gb of RAM) and the screen isn't quite as white or contrasty but I'm not sure I would notice any of that if I hadn't used a Nexus 7 already.
The big deal though is the price - although the papers all report it as £120 or just £60 with Tesco vouchers it is actually priced at £119 which means with vouchers it cost £64. But because you have to convert vouchers in £5 multiples and cannot spend more with vouchers than the item this means £55 of vouchers and £9 in cash.
Don't make my mistake and convert £60 of vouchers as the last £5 one is worthless. Still can't quibble about spending £9 of real cash for a good 7" tablet.