Microsoft Origami speculation

There's a great deal of speculation on the net about Microsoft's Origami project. I'll jump onboard the speculation train.

Features we need:

• Price $500 - $1000 - At the lower end of this price scale, it's a great deal. It's going to be difficult to justify a purchase like this for more than $650
• USB 2.0 Host - This is an absolute requirement. What this means is that I can plug any USB device into it (including hubs to provide more ports, digital cameras, digital media players, USB drives (hard, optical, removable or flash), keyboards and mice, printers and all other USB devices with Windows XP drivers.
• Hard drive - This is an absolute requirement. Capacity should be 20GB-30GB at the lowest price point.
• OS - Windows XP Tablet PC Edition
  
• Synchronization Software - ActiveSync
• Wireless - 802.11G (nice to have), 802.11b (necessary), Bluetooth (necessary) and IR (no added value for 99% of users).
• Ports - Serial (at least one), Parallel (not needed), USB (at least two), Video Output (VGA and some kind of consumer video output), Audio Out, and Microphone In.
  
• Optical Drive - External only. Make it optional. Because of this requirement, It should be able to easily get the OS reinstalled, either by having it available in a safe partition on the hard drive or by having the OS embedded in ROM.
• Memory card slots - Leave them out entirely. With USB host, I can either hook up my camera directly or carry a small flash card reader.
• Microphone - Absolute requirement