The first time we heard of the litl webbook it was when we caught wind of the device launching at CES 2010 earlier this year. The thing looked cool enough, but its $699 price tag doomed the machine to failure form the get go.
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Someone at litl has finally found a clue and significantly cut the price of the gadget form $699 to $399. Had the device debuted at that price to start with the ting might have had a chance. As it is now, the new price is still too close to the price of a much more capable iPad for many users to bite.
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The webbook lets you watch videos, share photos, and read news. Basically, it's a tablet without the cool factor of the iPad or the usability of a netbook. This is a fail even at $399 in my opinion. If you are intrigued, by the device, you can order yours up and it will ship the first week of June.