According to LinuxDevices.com: "Intel has created an ultra-low-cost laptop for school children in emerging markets. The "ClassMatePC" is available with Linux or Windows XP, comes with an "educational feature set," and is part of a program in which Intel plans to invest $1 billion over the next five years."
It does quite remind of OLPCs, not that this is necessarily a bad thing. I just hope the GNU/Linux version will be more popular than (ugh) the XP one.

Judging from the news and rumors that circulate around the web, 
