There is a new super cheap netbook in town and we might never heard of the company behind it, but the $199 price tag for the Fidelity Netbook VPC sure sounds like it will make us forget any qualms we would otherwise have. The 1.5lb netbook features wifi, onboard USB  and ethernet ports, an SD reader, a 7″ TFT display with a 800×480 resolution, 2GB of internal storage, and what looks like to be a 100mhz processor. It’s obviously running linux with preloaded programs that include a internet browser, spreadsheet, word processor, a media player for movies, music and pictures, e-book reader, dictionary, calendar, PDF reader, email, chat, calculator, file manager and much more. The Fidelity Netbook VPC (Very Personal Computer) will be available in March. We were pretty psyched to hear about this cheapo netbook, and then we read about Dell’s $199 one day promotion pricetag for their netbook. All we can say is – Let the $199 Netbook battle commence!