You were looking for a laugh to start your Columbus Day / Canadian Thanksgiving Day / etc. off, weren't you? Consider yourself lucky. OLO Computer is reportedly thinking of bringing to market a netbook-styled device that would actually enable (require?) users to plop their iPhone / iPhone 3G into the palm rest; from there, the handset would act as the brains of the operation and double as a trackpad. At the present time, there are no real specifications to speak of -- just a zany teaser page and lots of speculation. We shouldn't have to remind you what an epic failure the whole "cellphone companion" sector has been, as one look at Palm's axed Foleo and the deeply discounted Celio REDFLY should be explanation enough. Hey, we're not trying to discourage you from giving this a go, OLO, but we'd probably have a backup plan ready to roll in case Apple itself drops a netbook on the world in the next 48 hours.

[Via Liliputing]

Read - Official teaser page
Read - Netbook-style clamshell for iPhone is coming

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OLO dreams up iPhone-powered netbook, CELIO shouts "don't do it!"