OLPC XO and Intel Classmate news we've hit, computers aimed at students are a pretty hot topic these days. A Chicago-based nonprofit called Innovations for Learning has joined the fray with a new $50 entry dubbed the Teachermate. The small PCs come equipped with a 2.5-inch LCD display, 512MB of RAM, an SD slot, and built-in microphone and speaker. The systems are being rolled out to a whopping 500 Chicago elementary schools over the next two years, with the aim of having a unit in the hands of every child. The kid-friendly computers will come with a special case that allows charging and data-sync of 30 units at a time, allowing teachers to collect score-data quickly. If you absolutely must have one, it looks like they're going to commercially available on Amazon, so you will be able to add it to your collection.