It's been talked about in the media for a while now. If you're a regular visitor to Slashdot or Digg, you may have stumbled across the One Laptop Per Child project. It was featured last month in CPU Magazine and in MaximumPC before that. The project is really picking up steam now that it has a hands-on prototype available.
The goal of OLPC is to provide cheap laptops for free to children in poor countries. They are some of the most robust laptops available, water-resistant, splash- and dust-proof for the harsh environment found in many developing countries.
The project's official website is laptop.org and was most recently featured on 60 Minutes (mirror) in a 13 minute clip. For breaking news on all things OLPC, you can also visit OLPCNews.com which tracks OLPC developments.
It's an exciting move for the PC industry. By making cheap, relatively slow, linux-based laptops available to millions of children, the software market will begin producing applications to run on Sugar (the GUI for the laptop). This may just usher in, or at least broaden, the usage of online applications.