I promised myself I'd pull myself away from the digihubverse whilst I was on vacation..but my wife is asleep, I'm wide awake and our hotel has access included in the price, as well as I having brought along a couple of i-capable gadgets..sigh It makes it hard to stay totally disconnected. :/
Anywho, it will be interesting to see what the price-point of this item is. It's not going to be the cheapest or the smallest, but the power consumption versus capability ratio is nothing to scoff at. The nearest comparable product i remember off-hand (It's been a couple of years since I've discretely researched for a similar form-factor device. An Atom/Tegra combo might blast this out of the water, I don't really know...yet) was the FitPC - a AMD Geode powered device, which ran at around half the speed of this device and was about the same dimensionally along the two longest edges and a smidge thicker.(About 20mm for the Firefly and 30mm for the FitPC slim, so about 2/3 the thickness and roughly double the horsepower - not bad for a little over a year. Some progress. ;) )
Well, that's 128MB _per chip_. Similar density to what we typically get nowadays with DRAM. Since most Memory cards configure with around 8 chips per - well you can do the math.
Not a major step forward for capacity, but a significant stride for usability. ;)
Actually, the room is much bigger than it appears (and looks nicer in person, much better than your cheap econo hotel room, at any rate- and no , i don't work for them, just happened upon a publicity campaign whilst passing through A'dam, recently.), as the bed is rather large, much larger than a "King"- sized bed; and probably could sleep 3-4 adults, easily. So you have a few possibilities, from parents with small children, to a more flirtatious route. ;)
Let the hive mind of Engadget get that for you.
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'cept, it still doesn't have many great games for the platform. ;'(
Still want to see how it fairs against the Playstation or Dreamcast, though.