This is the IdeaPad U8 from Lenovo. With Intel's Atom chip inside it, the Mobile Internet Device has an optical mouse to let you fiddle one-handed, supports 3G and EDGE, has GPS, a 4.8-inch touchscreen, a Paul Smith-esque striped back (hope that stays) and an annoying ambient bongo player (either that goes or I do.) Video after the jump.
Like the design on the back, but personally I hope they release a flat black or silver one along with the funky stripes when it reaches fruition.
Seems to be a fantastic move in the right direction for ergonomic handheld do-it-all devices. Can't wait to see more on this!