Litl, a boston-based company, has launched its first “Webbook”, a web-based netbook running cloud OS (web connected). The company described it as “an Internet computer for the home”. The Litl Webbook features a 12-inch screen, 1.6Ghz Atom Processor, 1GB of RAM, 2GB of built in flash storage, a GPU acceleration which can playback H.264 in 720p, plus a built in WiFi.

Additional features of the device include a built in web camera, headphone port, a USB 2.0, microphone and HDMI connectivity. Even though no hard drive inside the Litl Webbook, all data is stored on the intenet (all the storage is handled in the “cloud”). The Litl Webbook is available now for $699 with an optional remote control that is available for US$19. You can order the Webbook through the company’s website.

Oh before i forget, the unit can be used both as a netbook and as a passive TV device.

[ source: Litl ]