Nicholas Negroponte, chairman and founder of the MIT Media Labs, has debuted a sub-$100 laptop. The laptop features a Linux operating system, wi-fi access, rugged design, and a hand crank for when you are without power. Designed to be used in developing countries, Nicholas Negroponte has a dream of “a laptop for every child.” The project is currently being sponsored by Google, AMD and Redhat.

Significant Features:

• In times with no electricity, 10 minutes of power can be supplied per 1 minute of cranking.
• Dual display modes: the laptop features a color TFT panel, but can switch to a black and white mode to conserve electricity.
• Flash based memory instead of a hard drive.
• 500 MHz AMD processor

The best part of this device is it could essentially replace textbooks. By serving as an eBook reader, this device could revolution schools around the world. Including here in the States, there are plans for at least 2 states to begin purchasing these for students starting next year.

All I can say is, when can I buy one? Sadly probably never.

Please note: these laptops are not in production. They are not—and will not—be available for purchase by individuals.

You can see more images and get more information at the project’s homepage.