The $ 330 device — or $ 300 if you're a teacher or student — is the same price and form factor as the previous generation, but it's received some nice spec bumps, like the upgrade from the A9 processor to the A10 Fusion.
You also get a nicebump up in other specs, including a whopping 16 GB of RAM (which is great for memory intensive games and multi-tasking) and a generous 1 TB hard drive.