There is bad news for those of you who were waiting for this thing. What was once hoped to be a great Android tablet for a holiday launch may now be a great Android tablet with a much later window than that.

Tech Radar is reporting that the HTC Quattro (see the initial rumor here) won’t be available until March 2012 at the earliest. Sure, that’s only a few months out but considering how fast things in the tech world move it seems like a lifetime.

The HTC Quattro is said to be coming to market with NVIDIA’s quad-core Tegra 3 processor inside alongside 1GB of RAM, 16GB of internal storage, a 10.1 inch 1280×768 display and Beats Audio technology. You can expect at least Honeycomb, though we’re keeping our fingers crossed for Ice Cream Sandwich.

Up against the Transformer Prime this may be a missed opportunity for HTC, though I suppose it all depends on who’s coming out with that by that time. In any case, sit tight as we may be in for a long wait.