Apple released Lion on a thumb drive Tuesday. Above, CEO Steve Jobs introduced OS X Lion at the Worldwide Developers Conference in June.

But it comes at a price.

The company has started selling a thumb drive loaded with the latest operating system for $69 — about $40 more than the digital download version. Order today and you should get your drive in 1-3 business days.

While that price is still cheaper than previous major Apple operating systems, it still seems like an awfully high premium to pay for a USB stick. If you’ve already downloaded Lion and are merely interested in the tactile security of holding a copy of the operating system, TUAW has a step-by-step guide of how to make the exact same thing for the cost of your Lion download ($29.99) and an 8GB thumb drive.

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