I'm not sure this meets the standard criteria for a laptop these days. That doesn't mean it isn't a valid, useful device, but if you think about the things most people buy a laptop to *do*, they're going to be secondary to the function of this machine. When you say "Laptop" people think "Sophisticated operating system, wide range of available software, media player, useful for software development, gaming machine (maybe), interfaces with wide range of modern portable devices, etc).
This sounds like it's got a rather different set of capabilities in mind. Apple probably wouldn't like "HackBook", but it seems to fit better.
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