Thanks for the very informative posts redromlua.
Just one quick question to readers of this thread. If (i.e. it's hypothetical) OS4 was a competent effort and made available on Pegasos / Pegasos II at a fair price, would you buy it? Personally, I think OS4 on the Pegasos would be a win-win situation for everyone involved. And if (again, that 'if' is important) Pegasos users are willing to buy OS4, maybe Hyperion can be coaxed in writing a version for it.
Hyperion would sell more copies, developers would have a larger base, Pegasos owners would have more choice, clashes in the community would be mitigated and Genesis could concentrate more on hardware.
Finally, a more technical question. Would the Peg run happily in a MicroATX case with a 150W PSU. I have an old PC with a Voodoo3 3000 Card, 128Mb Samsung DIMM and 12Gb IBM Hard Disk. It seems ideal to be turned in a Pegasos computer (currently uses an ALI Aladdin board with a Cyrix 550MHz CPU).
Thanks ppl