All-in-one touchscreen Eee PC ETP1602 specifications, perfect cheap iMac clone?

Funny as the title sounds, but according to the rumors, this thing will cost around $500 which is about one fourth of what iMac retails at. We also have full All-in-one touchscreen Eee PC ETP1602 specs:

Intel Atom processor (1.6GHz/533MHz FSB/512K Cache)
1 GB DDR2 667 RAM
160 GB SATA II 5400rpm hard drive
Graphics Card: Shared Graphics (128MB)
Windows XP Home (SP3)
15.6″ (16:10 Wide Panel) touchscreen
Graphics: Shared Graphics (128MB)
Webcam: 1.3 Mega Pixel
Mirophone: Digital Array Microphone
Audio Chips: 2 x 4W Hifi Speaker + SRS
Communication: 10/100/1000 Mbps Ethernet
WLAN: WiFi 802.11b/g/n
IO Side Ports: Memory card slot (SD/SDHC/MS/MS Pro) / USB ports x 2
IO Rear Ports: Audio Ports x 3 (Microphone, Line in & Line Out) / USB ports x 4 / Gigabit LAN port
Ships with: StarOffice, Adobe Reader 8.0, Norton Internet Security (90 day trial version), Express Gate, Skype, Eee Memo, SoftStyles, Eee Cam and Eee Cinema

all in one eee pc

This may look like a rip-off of the iMac, but, hey this is an EEE PC. What does that means? = CHEAP! is selling this all in one EEE PC for mere 400 pounds.