Mr O wrote:
Why don't we look at the fact that a 14" screen by itself is
$300 or more dollars at the retail level. At least $100 on the
OEM level in lots of many thousands. A Celeron M will likely
outperform a Via C7. The only way to get the cost even down to
something like $300 complete would be to have everything
soldered on. As the Slashdot article discussion says you can be
darn sure it is a scam. Now, if Woot were selling it.....

FWIW, even Dell and Walmart's lowest priced laptop is $450.
Really can't take off more than $100 for Windows. Even the Asus
eePC or whatever it is will cost $299.
Well, here is more fuel for the fire. Here are more details on Asus' forth coming 3e PC. I'm rather excited about this unit. I think this would make a great mobile toy. Especially considering more and more of what I do is hosted somewhere else. Give me a web browser and a SSH client and I should be good to go.

----

The Eee PC is running a version of Intel’s 910 mobile chipset, it uses a 900MHz Intel Dothan based Pentium M CPU, it has 512MB of DDR2 memory, full 802.11g wireless capability, and a flash-based hard drive. There will be at least two different models of the Eee PC, with the $199 version using a 4GB flash hard drive and the $299 version using a 8GB drive.


   Specs

  1. CPU - 900MHz Intel Dothan based Pentium M
  2. RAM - 512MB of DDR2 (no upgrade possible)
  3. Wirless - 802.11g
  4. Hard disk - Flash-based hard drive ($199 for 4GB model, $299 for
     8GB model)
  5. Weight: .89 kilograms
  6. Battery - Approx - 3 hours life
  7. Misc - 4 USB 2.0, VGA output, 10/100 Ethernet, 56K phone modem

Source: http://www.cyberciti.biz/tips/asus-cheap-linux-laptop.html
More Details: http://en.wikipedia.org/wiki/ASUS_Eee_PC
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