The timing is perfect and the news is traveling fast - the ModBook is to be introduced on January 9, 2007.

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Many tech websites are discussing the announcement:
In all the excitement, CNET is running a story that says
a "NO" to an Apple Tablet PC.
Infinite Loop points to the Guardian story saying the same.
Apple needs to let go of their past failure with the Ink technology and embrace the future with new models. Hardware is fast enough now to give the user a good digital ink experience.
Tablet PC Questions Blog