Everex has dropped their new CloudBook CE1200V UMPC. It features a 1.2GHz Via C7-M ULV mobile processor, 512MB of DDR2 533MHz memory, a 7-inch WVGA TFT display with a resolution of 800 x 480, VIA UniChrome Pro IGP graphics, VIA High-Definition Audio, and WiFi in its 802.11b and g flavors. Other features that stick out are its touchpad, 2 USB 2.0 ports, a DVI port, 4-in-1 media card reader, headphone/microphone ports, and a set of built-in stereo speakers. It runs off a 4-cell L-ion battery and has 5 hours of battery life. The CloudBook will be available January 25, 2008 at Walmart for $399. We’ll see if this is more bang for your buck!