Yes:

A new laptop computer for just £99 sounds like the kind of offer found in a spam e-mail or on a dodgy auction website. But the British company Elonex is launching the country’s first sub £100 computer later this month and hopes to be making 200,000 of them by the summer. It will be aimed at schoolchildren and teenagers, and looks set to throw the market for budget laptops wide open.

Called the One, it can be used as a traditional notebook computer or, with the screen detached from the keyboard, as a portable “tablet” – albeit without the planned touchscreen that Elonex had to abandon to hit its £99 price tag. Wi-fi technology lets users access the internet or swap music (and homework) files between computers wirelessly.

Personal files can be stored on the laptop’s 1GB of built-in memory or on a tough digital wristband (1-8GB, from £10) that children can plug into the USB socket of whichever computer they happen to be using, be it the One, a PC at school or their parents’ laptop.

It looks clunky compared to my recently purchased Eee PC, with a “rubbery” keyboard (ugh!).  The weight looks all to be behind the screen rather than under the keyboard, but I guess that’s so the computer can still work independent of the original keyboard, and with another better one.  Plus, it seems to have no SD card slot.  (Although, you could just stuff a SD reading widget into one of the USB sockets.) But, look at the price!  Very parent friendly.

Kids having round the clock internet access with them at all times.  It’s been on its way for years.  Now it’s here.  Think what that does to regular education.

Engadget reports that the Elonex is a rebadge of this:

Geeks will own these or similar things by the million.  Non-geeks won’t be so keen, so with luck won’t steal them.  (They probably will just grab them and wreck them, though.)

Many teachers will hate them.