The 32GB will take the place of the 16GB model at the near-identical price of £199.99. Something we can't imagine sitting well with current 16GB Galaxy Nexus 7 owners.
The increase in storage size makes the Google Nexus 7 (named the T3 Gadget of the Year 2012) an even more formidable purchase. And, thanks to the near-certainty of Apple's rumoured iPad Mini, this will surely guarantee tablet carnage come Yuletide.
What remains to be seen is whether the 8GB version of the Nexus 7 will continue to be sold at £159.
Over in the USA, Staples Advantage is apparently displaying placeholders for the 32GB Nexus 7 for $250 - practically matching the $249 price for the 16GB version.
If you haven't picked one yet, then check out our in-depth Google Nexus 7 review. If, on the other hand, you've just dropped £189 on a 16GB version and need to vent, let us know in the comments box below.