That seems like a big mistake and it's no longer $99 for most people.
Which includes wifi, color 320x240 LCD, qwerty backlit keyboard.
Here's a NES emulator running on it http://hackaday.com/2009/09/25/with-zipit-who-needs-a-netboo...
"After your year of free messaging has ended you can buy another year of messaging for a one-time charge of only $29.95."
Today just seems like a step back to 2000 by not having wifi builtin.
Seems a little excessive, but no more so than a toaster with wifi.
Still, I applaud the effort and hope that the upgraded models will be out soon.