Folks, interesting project with support from Cambridge U:

http://www.raspberrypi.org/

Raspberry Pi $25 USD computer coming in January
http://www.slashgear.com/raspberry-pi-25-usd-computer-coming-in-january-28204830/

The project aims for a $25 board, with $35 you get more RAM and an
ethernet port. Rationale:

"The idea behind a tiny and cheap computer for kids came in 2006, when
Eben Upton was lecturing and working in admissions at Cambridge
University. Eben had noticed a distinct drop in the skills levels of
the A Level students applying to read Computer Science in each
academic year when he came to interview them. From a situation in the
1990s where most of the kids applying were coming to interview as
hobbyist programmers, the landscape in the 2000s was very different; a
typical applicant now had experience only with web design, and
sometimes not even with that. Fewer people were applying to the course
every year. Something had changed the way kids were interacting with
computers."

Regards
S, (Sam) Kritikos

ps Happy new year 2012!

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