As TechCrunchs Michael Arrington reports, the CrunchPad is dead.
It was aimed to be a low-cost tablet PC, based on open source software. Since their Goal was to offer it for around 200$, it might have been a really successful gadget.
I'm still not convinced that this decision is final. It seems there are some serious issues about intellectual property rights and the distribution of the profits. So putting CrunchPad to death is a lose-lose situation. If you include possible customers, it's actually a lose-lose-lose situation.
Let's hope TechCrunch and Fusion Garage can sort things out.
