The Wired Gadget Lab describes a new reference design for budget ultramobile computers: 1.9lb, 7 inch screen, full keyboard, 4.5 hours battery life (assuming you don’t use Vista). This could be the Gears Gadget I hope for.
I’m not posting any images here, since the only photos so far are of ugly prototypes. If one of these nanobooks comes out later this year, with the price at the predicted $600, I’ll be interested.