How Low Can They Go?

How about $98 low?

HiVision CO., LTD makes one of the worlds cheapest Linux laptops at $98 using a new cheaper chipset, WiFi, 1GB flash storage, it runs Linux, 3 USB ports, Ethernet, SDHC card reader, audio in and out. Voice-chat, Skype, multi-tabbed Firefox browser support, Abiword for word processing.

(Via tuxmachines.org.)