“It was showed off at Oracle World by Michael last week and we’ll be launching very, very soon—within the next few weeks,” Midha said of the seven-inch tablet Dell (DELL) showed OpenWorld attendees. “In fact, very much in the near future we’ll be launching the seven-inch tablet as well as the additional three-inch product.”

A three-inch product? I thought the Axim was dead….

Anyway, while Android is the OS of choice for Dell’s seven-inch tablet, it won’t be ubiquitous across these new products. Midha said some will run Windows, and it’s possible that others might run Google (GOOG) Chrome.

Sources tell The Wall Street Journal that the MID uses an ARM-based chip, runs Google’s (GOOG) Android operating system and has been in development since last year. It does not have cellphone capabilities. The device could arrive at market before the end of the year, distributed via cellular providers, though a person familiar with the company’s plans tells The Journal it might be delayed or even scrapped entirely.

For Dell (DELL), whose track record in adjacent electronics businesses is littered with the corpses of devices like the Ditty and Axim, venturing into the MID market might be a tad risky. To succeed the company would have to overcome its lack of software development experience and wireless technology and develop an appealing device. No easy task for a company whose recent smartphone design was rejected as too dull by wireless network operators.