Verizon announces Xoom pricing: $600 on contract, $20 per month for 1GB data

Verizon just filled in the rest of the Xoom pricing story -- in addition to the $800 off-contract version that's already up for pre-order at Best Buy, you'll be able to sign a two-year data contract and pick up a Xoom for $600 upfront. That's a decent savings, although you'll be getting just 1GB of 3G data for $20/month, so it's not exactly a stunning deal in the end: a Xoom and 24GB of data over two years for $1,080. On the plus side, Verizon has confirmed that the Xoom LTE upgrade will in fact be free when it goes live in Q2, which is terrific news -- but we're waiting to see what the LTE data plans look like before we get too excited. PR after the break.

Update: We're hearing from Verizon reps that the Xoom will also be able to take advantage of the carrier's larger data plans as well -- $35 a month for 3GB, $50 a month for 5GB, and $80 a month for 10GB. Still no word on LTE pricing, though.