Slashdot points to EmergeCore’s IT100: “Designed for small business use, it comes equipped with a Transmeta Crusoe 533MHz, 128MB RAM, 20GB IBM TravelStar, 802.11b Access Point, and boots from a 32MB Flash card. The IT100 is powered by a 60 watt external PSU and is smaller than a PS2.”
Interesting, except for the cost (USD 1400). The concept is right – they need to bring the cost down, and also look at small-footprint thin clients.