Ryan writes "HP had unveiled their version of a miniaturized laptop for school kids. The tiny device boasts speeds up to 1.6 gigahertz. They haven't yet decided on a name, but 'netbooks' is one possibility. They will be used for surfing the Internet and doing other basic tasks like word processing. The company plans to have 50 million units available in the marketplace by 2011. Optical drives have been left out to prevent kids from playing 'unauthorized games.' Weighing less than 3 pounds with a tiny 8.9 inch screen, the machines start below $500 for a Linux-based model. Prices are expected to be higher for Windows Vista models."