UMPCPortal has been covering the device. So far looks good to me. Small, pocketable, 1.3ghz Atom for sufficient processing power, 4 hours battery life in-use according to umpcportal.

Unboxing:

http://www.umpcportal.com/2009/04/um...view-by-chippy

A small overview video where chippy discusses issues (both good and bad):
http://www.umpcportal.com/2009/04/um...-and-7-minutes