Asus will soon release a highly-affordable laptop called “EEE PC 701″. This machine will run on either Linux or Windows XP, both with stripped-down capabilities. Don’t worry, it’s still capable of browsing the internet. If not, its built-in 802.11b/g WiFI support will be such as waste, right? Other features include an Intel-based chipset, a 7-inch display, a 512MB of main memory, webcam module, and up to 16GB flash drive.

Asus EEE PC 701 laptop will be available for just $200. Quite cheap, isn’t it? Oh, and btw, the “EEE” means “Easy to learn, Easy to play, Easy to work.”

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