No one in their right mind would argue that the Nokia Booklet isn't really, really hot. It's a netbook with 3G enabled, an accelerometer, a SIM slot, 720p display, Win 7, a 16 hour working battery life, HDMI out, an Atom Z530 processor, and more. The only thing that's not to love is the price. Based on its cost in Euros, the Booklet runs about $810.

When it launches in the U.S. exclusively with Best Buy (Gizmodo via Phone Scoop), the Booklet will likely see a bit of a price reduction. That said, unless a carrier steps in and offers to subsidize it, I can't see the price dropping below $700.

The Booklet is a fine netbook, and anyone who has the money to buy one will probably have cause to rave about it. Unfortunately, few people in this economy can really justify dropping seven hundred dollars or more on a netbook. One of the primary benefits of the netbook as a device is that they are cheap, $500 or less. High end netbooks, like the Booklet, risk poking into CULV territory and pricing themselves out of a market.