So did anyone seriously think this project would really be happening? For $150000? Automatic detection of PAL/NTSC software? Close to 100% compatibility by hiring "a firm to do the electronics"? Who would design the specs?
It truly is a scam in that he pulled all the numbers out of his ass, whether he did it knowingly or out of ignorance. To say that he could produce such a computer and sell it for $75 is an outright lie, and he deserves no respect.
