Yes guys and gals, the OQO model 02 is now shipping. It's available online from oqo.com and from select retailers.

It features Windows Vista (XP also available), a 1.5GHz VIA C7M ULV CPU with 1 gig of DDR2 RAM, a 60 gig hard drive, a 5" display with native 800 x 480 resolution, WiFi, Bluetooth 2.0 +EDR, optional integrated EVDO, and HDMI out. And yes, it fits in your hand and has an integrated keyboard.

We'll have a review of it in the coming weeks. You can check out the new model 02 at http://www.oqo.com . The Vista version starts at $1,849. A 1.2GHz version running XP is $1,499.