If you're still trying to decide whether to spend $400 on an Everex Cloudbook, you should really check out NotebookReview's excellent writeup of the Cloudbook. It's by far the most thorough review I've read to date, with a number of benchmarks and comparisons to the Eee PC and other subnotebooks.

Here are some of the things I learned from the article:

• There's no RAM access panel, which means you need to disassemble your unit and void the warranty to upgrade or replace your RAM
• There's a Windows driver that allows you to scale your display resolution to 1000 x 600 pixels, a widescreen virtual resolution that has so far eluded Eee PC hackers.
  
• As you'd expect, the 30GB hard drive gives you far more storage than the 4GB SSD found in an Eee PC, but the read/write speeds are much slower
• While the Via 1.2GHz processor has a higher clock speed than the 900MHz Celeron processor in an Eee PC, benchmarking tests show it lags behind the Intel chip in performance

Overall, it probably makes sense to pick up an Eee PC if you want a $400 ultraportable today. Or if you want a bit more oomph, you might be best off waiting a few months. Asus and Everex both plan to offer updated models later this year, and several other companies will get into the low-cost ultraportable business by the end of 2008 as well. Still, I'm kind of jealous of that virtual 1000 x 600 pixel display driver. I really wish it worked with the Eee PC. While there's a hack that will sort of display 1024 x 768 pixels on the Eee PC's 800 x 480 screen, thats like fitting a square peg in a rectangular hole. In other words, it's really hard to read any text.