While you're waiting patiently for the Apple notebook event to start, here's something to look at: a laptop computer powered by an iPhone.
OLO Computer is showing a concept computer that uses an iPhone as the CPU and touchpad. As you can see from the image at right, the computer is basically a dock for the iPhone. Before you start laughing too hard, think about this: many netbooks have less storage than the iPhone. The Dell Inspiron Mini 9, for example, comes in 4 GB, 8 GB, and 16 GB flavors.
The iPhone fits into a rectangular space on the OLO, becoming the touchpad for the laptop. There are a lot of questions that need to be answered about this computer -- how does it use the Universal Adapter to transfer video to the display, what's the maximum resolution that can generated on the display, do they tweak the iPhone OS to get it to display the menu bar, dock, and other Mac UI artifacts, etc...
There are no details at this time, just an interesting idea, a cool mockup, and a one-page Web site. When, or if, OLO moves forward on this product, you can read about it here on TUAW.