Forget about the next iphone or Kindle, this is the gadget I have been waiting for which hopefully will turn out to be more than a (working) prototype.

Tech blogger and entrepreneur Michael Arrington of techcrunch, thought having a ~$200 touchscreen tablet would be a great idea when you are tired of PC, laptop or even your notebook. So he gathered and financed a group of developers to work on such a project and see how it goes. I think during the initial stage of the development there was little doubt that it was doable, but making it in to a finished product and sell it to consumers, while staying within the price range, is a totally different story altogether.

Michael is still skeptical about the future of crunchpad and insists it too early to make any final product announcements or how much the final cost will be. But we can be hopeful, can’t we?

Early prototype Specs:

Intel Atom Processor
512 MB memory
4GB SSD
Wi-Fi
Built-in Camera and Mic
Custom Linux Kernel/Distro
Webkit browser