Even cheaper than the eeepc which is already pretty cheap this tiny wonder will be on sale for 99 quid in june
The cut in price does equal a cut in specs: 7in, 800 x 480 display; 300MHz LNX Code 8 processor; 128MB of DDR 2 memory; 1GB solid-state drive; 802.11b/g Wi-FI; 10/100Mb/s Ethernet port; two USB 2.0 ports; and a four-hour, three-cell battery
Just for referance the standard load out of the eeepc is a 900mhz intel chip (clocked at 600mhz) with 512meg of ddr and a 4gig ssd similar screen and other stuff.
But then for 99 quid that's not too bad. If you are wondering what a LNX Code 8 processor is join the club its not one that has come up before or that shows up with a cursory search of the interwebs. Could be a re branded version of something pre existing or some sort of custom processor they have hacked together themselves or one of the open source processors like leon.