They are calling it the “Netbook-M912V”. They have it weighing in at 1.3kg (just under 2.9 pounds),
They also mention that it is latchless.
I have my doubts about the 1GB of memory limitation that I’ve seen around, but without Aero, Vista should be okay. At that price point (around $706 USD), with that storage (160GB), high resolutation display, and a fully convertible system (converting from laptop to Tablet PC back to laptop), along with an ExpressCard slot to boot, I hope Gigabyte pulls it off.
For one, it would force some of the other manufacturers to go back and re-evaluate their pricing scheme, as it the prices have been creeping north of the $550 mark on some of these.
Update: Khanj pointed out that Windows Vista Home does not have full Tablet PC functionality.