Aside from the IdeaPad S9 and S10 netbooks, Lenovo has also launched a new ultra-portable MID called the IdeaPad U8. It runs on an Atom Z500 800MHz processor that’s complemented by a 1GB RAM, a 4.8-inch touch screen, 6GB SSD, Bluetooth, GPS, WiFI, rear and front video camera, EDGE, 3G, CMMB tuner (China Mobile Multimedia Broadcasting), and a Linux OS. The U8 was unveiled during the recently concluded Olympics, thus the rationale behind the Olympic-themed rear design.

[via generationmp3]

More pics and details after the break.

According to Yeski.com, it’ll cost 4999 Yuan which is roughly € 500. It certainly isn’t as affordable as the Acer Aspire One, which kind of puts it in a difficulty situation. It’s actually a cross between a laptop and a phone, but doesn’t offer the full functionality of either devices. Now that there are more affordable and likewise portable netbooks are out in the market, who would be enticed to buy this more expensive yet functionally-limited MID? I know I wouldn’t, but that’s just my personal opinion, how about you guys?