>>>I really really like the idea - but it seems like one of those things that's just too good to be true. I will wait for a while and see how it progresses before I put any $ down.
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>As with most simple ideas or solutions to complex problems, you need to observe that if it were so obvious/easy, anybody could do it. And would have. E.g. there has to be a reason why MS isn't putting proper Windows OS onto phone devices that have more storage and processor power than my first 286. Wonder what it is.

The top-of-the-line SyncPhone will have Intel® Atom™ x7-Z8700 2.40GHz 8GB RAM 64bit , 128gig + MicroSD - that sounds pretty decent to me - better specs than the tablets I own now actually. Obviously not a power-house, but certainly usable.

It's been done before...
http://www.engadget.com/2012/03/11/itg-xpphone-2-hands-on-windows-7-on-a-smartphone/

..and they did get windows 8 to run on that thing too - however I don't see their website anymore so I think they've already gone out of business. Those things were priced quite expensive though and not as good as specs.