>>>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 answer is pretty obvious.
I was at a meeting of several hundred developers recently (I was, believe it or not, the oldest person in the room) and the presenter asked "How many of you will give up your PC's?"
No hands went up.
We don't need things that do what PC's do. PC's do that very well.
I love my Kindle and, finally, my Samsung Galaxy (after spending months learning how to use it)
But I won't give up my PC- no way!