Is the Nexus 7 worth getting now?

Since they've just recently dropped the price of the 16 GB model to 199 (or 209 in the case of the great white north), what do you guys think? Should I get one now (or perhaps during the Christmas season) or wait until the next iteration of the device before making a purchase. My only concern with the 7 is that it really ought to have more than 1 GB of RAM in order for it to be more "future-proof". I feel that when more tablet apps get released for Android, the 7 might have trouble keeping up when several tasks are running. What are your thoughts?