OLO’s iPhone-powered computer .

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OLO is showing a mysterious device on its website that appears to be an iPhone-powered subnotebook. No idea on how they are going to pull it off, but here are a couple of suggestions - the iPhone's innards are what drives the subnotebook, making this nothing more than the Apple equivalent of the Redfly (or the failed Palm Foleo).

the cost of the hardware and software required to run OS X (in addition licensing issues like those faced by Psystar at the moment) would make it much less of a compelling product, as it would likely cost as much as a regular laptop.