Google I/O kicked off today, and so far Google has shown nothing that can be classified as very interesting. However, one thing in particular that caught our attention is the newly announced Google Nexus Q, which is the company's first consumer electronic product. The device, which is shaped like a sphere, is aimed at streaming content from the cloud, so anyone with a Google Nexus 7 Tablet or any Android device for that matter, will be able to take advantage of the Nexus Q cloudy abilities.

The Nexus Q from the get go will be able to stream content from YouTube, Google Play Music, along with other services yet to revealed by Google. We're guessing there will be support for services like NetFlix, Hulu Plus, HBO GO among others. What's neat about the Nexus Q, is its ability to act as an amplifier, allowing users to plug in their favorite external speakers to receive power for the very purpose of rocking the house down.

This little device is no wimp when it comes down to its specifications. Inside lies an OMAP 4460 CPU, 16GB storage, 1GB RAM, NFC, Bluetooth, Dual Band Wi-Fi, and an Ethernet port. That's a lot of ammunition for a media streaming centric device, and it all comes with a price. You see, the Google Nexus Q is little and powerful, no doubt we like that, but what we don't like is the $299 price tag attached to this thing. Total madness.

Let us break something down for you all, just so that everyone can come to terms with how expensive the Nexus Q is.

Roku starts at $49

Apple TV $99

Xbox 360 $199

PS3 $249

Do you now realize the error of Google's way? We've been hearing rumors of the device being manufactured in the USA, which could explain the high price. However, we are the consumer and we're Americans, which means we do not care where any particular device has been manufactured, just as long the price is right.

The Google Nexus Q media streamer will go on sale in mid-July, but at $299, we doubt Google will be able to convince many Android fanatics to go out and purchase this thing.