Someone has way too much time on their hands.
Anyway, this is pretty much what I want. Smaller and more robust than a MacBook, but bigger and more capable than an iPhone, but still running Mac OS X. Desktop at work for most of the grunty work and then throw something like this in the backpack for word processing, web and email.
Full article at Run Mac OS X on an Eee PC – Wired How-To Wiki including a video of it working.