Dell is offering for sale their new Inspiron 10v Netbook for $299. The little guy comes with the following features:
Genuine Windows® XP Home Edition SP3Integrated 1.3M Pixel Webcam
Obsidian BlackWireless 802.11g (1397) Mini Card
Intel® Atom Processor® N270 (1.6GHz/533Mhz FSB/512K cache)24WHr Lithium-Ion Battery (3-cell)
10.1″ Widescreen Display (1024×576)120GB, 2.5inch, 5400RPM SATA Hard Drive
1Yr Ltd Warranty and Mail-In Service1GB DDR2 SDRAM
These are fairly good specifications for the price. What is not included is a CD/DVD player.