The Pegatron smartbook is on its way to hit the US, where it will retail for a sweet, sweet sub-$200 price point in the first quarter of next year. Powered by an ARM processor, this 10″ netbook will run on Ubuntu where it will function more like a cellphone than notebook thanks to its Always On capability, while boasting a Quick On function that helps it get up to speed in a jiffy instead of wasting a couple of minutes of your life waiting for the machine to boot up. Hopefully the battery life would be a strong point, otherwise all the good work mentioned might just be undone.