Pics of the first prototype of the $100 laptop have cropped up online. The $100 laptop is a project started by MIT Media Labs, which created the OLPC (One Laptop Per Child) non-profit organization to create a cheap and robust laptop for use as an educational tool by children anywhere in the world.
The laptop is obviously very basic, but it should be sufficient for educational purposes, including cheap distribution of digital textbooks. It's designed to be sturdy and consume little power, and will also feature some form of manual charging mechanism - a hand crank or foot pedal - for places where there is no readily available power supply.
It comes in several flavours and I reckon they look pretty darn cool.