HP Compaq's Mini 700 now on sale in Europe

To our knowledge, neither HP nor Compaq (nor HP Compaq, for the record) have uttered a single word about the clearly real Mini 700. After going a few months without hearing an update, we now have reports that it is widely available overseas. According to NotebookItalia, said netbook will boast a 1.6GHz Intel Atom N270 CPU, GMA950 integrated graphics, 10.2-inch display (1,204 x 600), 1GB of DDR2 RAM, webcam / microphone, an integrated card reader, audio in / out, Ethernet, two USB 2.0 ports and a pair of Altec Lansing speakers. Additionally, the Italian version (at least) includes a 3-cell battery and Windows XP Home while providing optional WiFi, Bluetooth and HSDPA. Curiously, the quoted price for the now-shipping unit is up one hundred quid to £399 ($594), though it's difficult to tell if that's a baseline rig or a fully loaded machine. Anyone across the pond care to chime in?