ASUS released the cheap and best Netbook model Eee PC X101 to the Market. I think this Netbook from ASUS is one of the cheapest models available. Since netbook main purpose is for working with web and accessing light applications choosing this netbook may not be the bad choice which is available even less price of some smart phones.

ASUS Eee PC X101 Configuration ,Features and Specifications
Processor:Intel Atom 1.33 GHz N435 single-core CPU
Primary Memory (RAM): 1 GB
Secondary Memory (HDD): 8GB Solid-State Drive
Operating System: MeeGo OS (best for cloud computing)
Screen: 10.1″ WSVGA (1024×600) LED Backlight Display
Battery: 3-Cell Battery(28W/h) – Up to 4 Hours of Battey Life
Wi-fi connectivity: Yes
Bluetooth: Bluetooth 3.0
USB Port: 2
Other Ports: SD card reader
Weight: Around 900 grams
ASUS Eee PC X101 Price and Availability
ASUS Eee PC X101 price range is around $200 around Rs.9000 in Indian currency, which is less than the price of many smart phones. Presently it is not available in India.
MeeGo operating system is used to recude the price. Since netbook main intention is working with net Meego OS is the best known for cloud computing. It also offering variety of applications. English learning application is one of them, which is presented by English Language Training (ELT) leaders and the British Council and most useful for non native english speaking people.
Read to know more about choosing a right Netbooks.

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LATEST TECHNOLOGY » Asus Netbook price » LATEST TECHNOLOGY says:
September 21, 2011 at 9:03 pm (UTC 5.5)
[...] Cheap and best Netbook ASUS Eee PC X101 Configuration … ASUS released the cheap and best Netbook model Eee PC X101 to the Market. I think this Netbook from ASUS is one of the cheapest models available. Since netbook main purpose is for working with web and accessing light …http://www.stepsandtips.com/ne .. [...]