A third world solution where €69 is still a large amount of money, a teacher in Thailand earns on average €270 a month, so even a netbook is a months income. Load it with Puppy Linux and hook it to the television and suddenly a lot of people who couldn't afford a computer can have one at home.
I suppose the thing could have some use in the developed world, but putting a computer in a keyboard is kind of silly in 2010, most people here are better served by netbooks which give you more ram, faster processor and a screen....