OCZ solid state drive costs less than $100 - Photo courtesy Mike Magee

A solid state drive (SSD) that costs less than $100 is set to open up the market to cheaper units in the future.

OCZ said that its Onyx S-ATA 2.5-inch series uses multilevel cell (MLC) technology with the 32GB unit being the one that hits the sub-$100 sweet spot.

The drive can be installed as a boot drive for desktops or notebooks and comes with a 1.5 million mean time between failure guarantee and a three year warranty.

OCZ claims that the unit will give reliable performance without the high price tag that SSD drives normally attract.

Read speeds are up to 125MB/s and write speeds 70MB/s, while the unit comes with 64MB of onboard cache.