Except that I can still find specs, drivers etc for the Infinia 7200 in Toshiba's website, a toshiba desktop...manufactured 15 years ago.

As far as I know, this board offers:

1) 1080P output
2) Hardware media decoding
3) 3D Graphics

1 + 2 + 3: XBMC on Linux for ~USD 50 (Model B for USD 35 + guesstimating USD 15 for the case and the power adapter)

Although 12" might be too much for a netbook, I believe those machines fill a nice little niche in the ultraportable notebook range, which used to be dominated by Sony Vaios that cost at least three times more.

The Pizza Capital of the World. I recognize I still need to taste pizza in some 215 countries before casting an "informed vote", but what the heck.

Guess what: different people have different necessities. Maybe 12" is too big to be considered a netbook (although many 12ers are marketed that way), so you can call it an "ultraportable" with less power under the hood. You can also get a 12" Sony Vaio, but that will cost 3x the price of a netbook. I researched and got me a Samsung NC20. 5+ hours battery life (low brightness, wi-fi on), 1,5 Kg (3.3 lbs), and a "typable" keyboard. It "kind of plays" 720p clips on Vimeo, although the CPU get pegged at 100% and it stutters a bit, but I can live with that. We are always balancing screen size (keyboard size), weight, battery life, feature set and price. We can't have all of them as we wish, thus the need to pick what is most important.