This is both exciting and ridicuous.
#1, Mid-Jan of '06 has come and gone... ATI's new card releases are finally topping the 7800 which means nVidia is working on something new. AMD has announced they are no longer making socket 939 processors (not Turion, I know, but wait a tick; you'll see the point). So, there is basically a whole bunch of new and better technology in the design process, when this monster comes out, you're going to be paying high-dollar for something that is not top of the line, or won't be top of the line for more than a month or so.
#2, Maybe they'll also come out with a 44" DLP laptop with a TV tuner. Sit in an airplane or bus with a satellite dish attached to your butt... Now THAT's portable entertainment.
I just don't think this thing will be worth the money. Only hard-core notebook addicts who don't care about how much money they spend will buy one. I'd like one, just because it'd be easier to take to LAN parties than my steel-cased monster, but there's always going to be things like, "What if the screen resolution is too low" "What if it ghosts" (think about it, how many 19" LCD panels exist right now that are 8ms or better? not too awful many, and none of them are widescreen so far as I know). The screen itself could cost around $800 to put together. Add in the engineering, graphics cards, and all the extra goodies, I wouldn't be surprised if it ends up at over $4000, but still has major disappointments. For that kind of money, but an aluminum case for your PC and dual X18000000XTy+3 or whatever the fastest ATI card is right now. Or, wait till nVidia puts out a Geforce 8800 or something. You'll still have to carry a mouse and keyboard with the laptop, no one is going to play any type of LAN game on a touchpad or a laptop keyboard (the keyboard might be ok, but not the mouse) and I honestly don't believe the screen will be good enough. Add in the power cable and patch cable, you may as well carry a desktop.
SLI notebook idea? I'm wiping something off my keyboard too, but it's not drool
However, the fact most likely will stand that I'll never have even an urge to buy one.