*UPDATE*
Ok, I have had my Nexus 7 for a couple days. It is currently rooted and installed Adaway (free and opensource).
Rooting it with WugFresh was relatively easy but time consuming since I was learning what it was doing and how.
Once rooted, I download Adaway from Google's store. Figuring it out was really easy. It auto downloads a couple lists from well known hosts file sites. What I found impressive was that I was able to use my custom list (uploaded it to the download folder via usb from my computer). A reboot later and ad sites were blocked, faster browsing and snappier web pages.
Using Straight Talk with it, seems to be working well. Still playing with it, one thing I noticed about the screen, it gets oily pretty quickly compared to an iPad.
Now I am off to find and play with widgets!
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Having "borrowed" a Nexus 7 recently, I am considering purchasing one.
I am also considering jail breaking it so that I can upload/use a hosts file for global ad blocking and general browser "speed up" (not having to wait/download ads especially flash based).
If my thinking is correct, app that tries to call any of the listed ad sites, wouldn't just show blank space something similar. Basically save a little bandwidth and possibly faster page render.
Is it possible to update the hosts file without jail breaking?
I know a hosts file isn't an ideal method, but is there another option?
Thoughts and ideas would be appreciated.
thanks!