A Swedish company that calls itself Medison is offering a $150 (€113.69) notebook, that's cheaper than the $100 notebook or the OLPC XO-1 as it's generally known, as it ended up costing $175.
The Medison Celebrity notebook is not intended for educational use per se, as it's an affordable notebook for everyone. It might not be the most powerful PC ever, but it sure beats the OLPC XO-1 in terms of hardware specs.
We're looking at a 1.5GHz Intel Celeron M 370 CPU, 256MB of DDR memory, a 40GB IDE hard drive, a DVD/CD-RW combo drive, 802.11b/g Wi-Fi, a 14in widescreen display with 1,280x768 resolution, VIA PN800 integrated graphics and AC97 sound with S/PDIF out. It also has a D-sub, a PC Card slot, three USB 2.0 ports and integrated 10/100Mbit Ethernet.
The Medison Celebrity runs Linux and in this case it's Fedora. It might not be to everyone's taste, but at least it won't be hard to change it to a different OS.
You even get a country specific keyboard, so no worries about being stuck with a keyboard layout you won't like or that isn't in your language.
Models should be starting to ship in Europe and the US shortly.
Please note that we're trying to contact the company to see if this is the real deal and if we can get a review sample, until then, take this with a grain of salt, as it might just be too good to be true.