Regarding that 99 USD Laptop

Slashdot posted yesterday a news item about some people which try to create a laptop that would sell for less than one hundred bucks. To me, an x86 such laptop this seems like a dream that can’t come true with today’s OEM prices. However, there might be a way to achieve this, if the “laptop” in question will not really be a laptop, but a handtop, a hybrid between a laptop and a PDA.