Intel and Microsoft have not been very happy about the One Laptop Per Child program. It's not that they don't like the general idea of using technology to help children around the world; rather, it is that they believe it should be done another way. Microsoft wants to see Windows -- OLPC uses Linux -- and Intel wants to use the millions of units being distributed with Intel chips -- not OLPC's AMD chips.
Here is a review of Intel's inexpensive laptop. And, yes, it does run Windows if one adds more memory -- not an uncommon requirement for Windows. ;-). Personally, I don't like it as much. The traditional screen technology eats up lots more energy -- and where's the crank? This unit might work in the US and other places looking for a rugged laptop for k-12 students, but I don't see it being as good as the OLPC unit for the rest of the world.