Web Tablet - have you seen one?

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A Web Tablet is a portable media device that has the sole purpose of connected to the Internet - to browse, to surf, and anything you do online. There isn't any cheap Web Tablets yet, the closest there is are the NetBooks produced by the computer and laptop manufacturers. I came across an article online that shows a small group of people developing the cheapest Web Tablet - the proposed selling price is $300 and it looks ingenious! See Web Tablet for $300: http://www.thingswelovetohate.com/2009/06/web-tablet-for-300.html I'm still waiting for it to become commercially available since it just passed its Prototype B phase. What do you guys think of it?