A PC for the price of an iPod!

AMD shall announce on Thursday a new type of PC that is to be sold in emergent countries such as Asia or Latin America countries. This PC will cost $249 only, as it aims to provide an Internet access to families of those countries middle class.
The machine will embark a 399MHz Geode GX500 processor, 128MB Ram, a CRT 15" display, a 10Go HD, 4 USB ports and an [ahem] "extended" Windows CE (email managing, web navigator, PowerPoint management, ...).
AMD might perhaps sell this machine in Europe or Northern America, which could lead to opening the Net to a larger population [provided their governments will let them free of doing so...], but could also result, in our countries, to a new kind of computing business based no more on the "best" product, but the "sufficient"!
[NB : there has been an industry of cheap PCs in India for some time now, perhaps AMD is growing wary of that as well as MS was scared by their softwares piracy in those parts of the world]