For TODAY only (11/14), Amazon is offering a $15 gift card when you buy a Kindle Fire HD. That makes the 8 GB just $124 after factoring in the gift card.
We bought our 10 yr old a Kindle Fire several Christmases ago. It has been the perfect tablet for him. I would say it is a great compromise between a “kid” tablet and a pricey (fragile) iPad.