That seems to be very funny, but a little expensive for now: 599us$. I think the price of the actual Clié should drop down, soon. That's a good thing.
If you're son of a dad, you can add a USB hotsync cable ( 24,95$), plus an AC adaptater (!?) (29,95$),and you can get for the fun a 3-pack of colored stylus (14,95$).
The screen rotation is rather strange. I don't really see what is the advantage of a handheld device to get such a fragile rotating screen...