Hooray for my first post. Maybe. I feel I may be losing something by giving in.
So why is a versatile little, network oriented machine that does the basics and can flawlessly tap into internet so useless? Seriously, the future of personal computers for most people is an easy to use controller/screen for the unbelievably-mega-computer that is the internet.
Apple innovates. You know this. So why dismiss something because you don't see the use yet?
Great post! and I believe that you are correct in many aspects of you assessment, however the question that most of the people here are still jumping the gun on is the specs, since there is no clear indication to what the specs of the system will be.
One thing that is know is the clear market trends that of those that are buying a laptop; to displace the PC at home. If you also consider that most people also use the laptop for music and images (is it fair to say that those that would buy a laptop also have a dicam?). Another, and much more larger market share of laptops is the business world, but here

is still not a major player.
As far as college student, I have a sister that is an average college student, bought her a MacBook last summer, and I had to do a HD upgrade for her since she was eating away at more HD space, than even I could generate creating digital content (images, vids).
I believe that the system will see today will appeal to a smaller market share in Apples own market share of laptop (well, because many just got a recent one) but in term will see substantial growth in and I hate to use the word "vein" market where specs is not the main concern, nor is their productivity. Specs is the driving force of many people here, and rightly so if this is what THEY are after.
Now that is not so bad, this is vastly larger market apportunity for Apple, where many of the Windoers

will finally make the cross over to OsX because of the pretty design if the price point is right. Since we still don't have full spec, it is had to say how this system will get current Mac users on the bandwagon to get one of these. For me a HD that is anything under 100GB is much to small to be productive, and I need a powerful GPU which is covered currently by my MBP.
I am sure there will lot's of takers of this systems. Sure it will be a success and a market trend setter. Ultimately, this will create larger market share for Apple, stock will hit 200+ (make me some money!) and get the rewards of economy of scales where Apple products become more affordable. Ah, not to mention more native apps in OS X!
I believe many here will be discourage when they loose the exclusivity of been that guy sitting at the airport with a Mac...

and I will be celebrating when this happens, as I will have more choices for applications as I'm very content delivery and execution of Apple's approach of Appliance PC(TM), make right, make it tight, make it work! Yeah baby!
