That is pretty ugly, but have you seen the one from LG?
http://gs.readle.net/2008/01/umpc-me...c-from-lg.html

A little nicer in my opinion. The major downside as I see it: No SSD hard drive makes it fragile, and the fast processor must eat batteries fast. Even if it is 10x more efficient than the Pentium-M (and I believe it is) that is still a lot more hungry than the ARM proc in the n810.

That being said. If this thing is less than $800 and seems to hold up to usage, I'll drive to canada to get one (They have no plans to sell in the US). I won't hold my breath though.