I predict that this is not going to be a netbook, why would apple release a small clamshell laptop and take away sales from their macbook, macbook air and macbook pro lines. I personally think the only people who want apple to release a netbook do not want to invest in a good laptop like a macbook or macbook prol. Instead I think it's going to look like a larger ipod touch, which opens the gates for new apps that were not around earlier due to the size of ipods. I see apple releasing an ilife and iwork app for such a device as well. In addition, apple will open a market to sell ebooks, magazines and newspaper subscriptions through Itunes because a device like this would be the perfect ereader due to its lack of plastic, non-screen edges and physical buttons. There is endless possibilities for a large minimilistic touch screen that does not get hot when using. I like my macbook, but it gets hot after awhile of using to surf the web, email, itunes, and so on. I see a touch screen with a power button, isight, and maybe 1 or 2 usb ports hidden like the air. I don't see a full functioning OS like Leopard in it because this is not a desktop or laptop replacement, and having a iphone hybrid os will keep costs down. This is going to be an evolution of the ipod and a re-invention of the tablet. Finally IMO touch screen monitors do not work because your hand would get tired from having to point at a screen sitting in front of you, but if you have a large touch screen sitting in your lap, its an ideal device for multi-touch.