writes "Elonex is announcing a £99 Linux-based laptop for the UK education market. PDF Press Release. The debut will be at the Feb 28th Education Show and they won't actually be shipping until summerish. It weighs less than a kilo, has a 7" screen (no indication what resolution it is...), full qwerty keyboard, 1GB flash, 3 hour battery, speakers and headphone jack for playing MP3s. They're co-marketing it along with USB bracelets for kids who want to store more content (presumably supports regular USB sticks as well), and say that that will let kids use whatever laptop happens to be available.
It doesn't say what Linux distro they're using, but they've got an online site for downloading more content.
While it's targeted for the education market (and part of a National Laptop Initiative), if they were selling it in the US I'd buy one — it sounds like a reasonable competitor to the Asus Eee, and closer to my toy budget.
One feature I'd really like to see on laptops these days is mechanical — it's having a USB jack that's set in some kind of indented docking space, so you can plug in a USB memory stick without having it stick out where it can get banged. There are some that have slots for compact flash or various SD cards, which can be a reasonable alternative, but memory sticks have become pretty universal."