[i've posted on this in the past, so for those interested, the $100
laptop has come to pass...]

MIT Design of $100 Laptop for Kids Unveiled

The MIT Media Lab announced the One Laptop Per Child initiative
with a goal of making the Internet's educational and communications
advantages accessible to students everywhere. The initiative seeks
to produce between 5 million and 15 million $100 laptops within a
year. The laptop, running Linux, features an AC adapter/carrying
strap, a 500 MHz processor, a tight rubber casing to protect the
unit from damage, a hand crank that supplies power when electricity
is unavailable, a tint-adjustable display, four USB ports for
multimedia and data storage, and flash memory. (AP)
http://news.yahoo.com/news?tmpl=story&u=/ap/20050929/ap_on_hi_te/hundred_dollar_\
laptop