Dan's Data, one of the world's best geek blogs, reviews the state of the ultra-cheap Linux laptop. No, the Foleo does not quality. DD covers a lot of territory, including the PalmOS running Dana (huh!?) and the famed Newton eMate, but what he really wants is the untouchable $175 OLPC device (one laptop per child). In the meantime, though, the $199 Eee PC is supposed to be coming our way in August.
$200 is indeed interesting.
Fifteen years ago I almost sold our rural school district (Delta County, MI) on a program of distributing eMates to elementary school kids (a lease-to-buy program with an insurance component). Mercifully saner heads (not mine) prevailed. The Eee PC, if it truly appears, is going to resurrect schemes like that ...
Update 1/2/09: The eMate was formally introduced in 1997. My school district presentation would have been @1994. So there's either something fishy with my memory, or there was a long prelude to the eMate's formal launch. I think in those days, when Jobs was gone, Apple used to leak product ideas -- so I'm tending to favor the latter. I'll have to see if I can dredge up the presentation from my archives.