As all UMPCs released so far have a very high pricetag this product looks very promising. It is not really a UMPC as it run Linux instead of Windows, but the specs looks very good for a price of $699.
Specifications:
# Linux Kernel 2.6 embedded operating system
# AMD Geode(TM) LX 800@0.9W(a) processor
# 256 MB DDR SDRAM
# 256 KB LPC ROM
# 20 or 30 GB 1.8″ disk drive (ATA)
# 7.0″ 800×480 WVGA TFT LCD
# Wi-Fi 802.11b/g / WEP / WPA
# Bluetooth 2.0 + EDR
# Dual IR emitters and IR receiver
# USB 2.0 HOST AND DEVICE
# STEREO HEADPHONE OUT
# COMPONENT VIDEO OUT
# MICROPHONE IN
# AC ‘97 AUDIO CODEC
# STEREO SPEAKERS
# BUILT-IN MICROPHONE
# RESISTIVE TOUCH SCREEN WITH STYLUS
# FULL SPLIT QWERTY KEYPAD
# DIRECTION-PAD
# SCROLL WHEEL
# FULL SPLIT QWERTY KEYPAD
# VGA VIDEO CAMERA
# RUGGED AND SPLASH RESISTANT
# 11.4″ X 5.9″ X 0.9″ (290 X 149 X 23MM)
# 2.2 LBS (985 GRAMS)
More info can be found at Pepper computers website.