Update 2: Asus has officially released a product page for the X101 here.

Update: Yes it’s July 2011 and this is the month that was originally discussed as being the X101 release date. However, there has been no word on specific dates and it would not be surprising if the release date of the Asus Eee PC X101 has been pushed in August. We are working hard to get a specific release date and will post the details as soon as possible!

Quick Asus X101 specs: 1.33 GHz Intel Atom, 1024×600 resolution, 8GB SSD storage, 17.6mm thick, weighs less than 920 grams, colors brown, red or white, USB 2.0, MeeGo operating system.

Not sure what the heck MeeGo Linux operating system is? Here are a few useful links which will explain the MeeGO operating system: Wikipedia

News is breaking now that the Asus Eee PC X101 release date is July 2011. Yes, your chance at a $199 Eee PC is coming very soon. Remember that the Asus Eee PC X101H is the Windows version of the same Eee PC and will come with Windows OS instead of MeeGo. The Asus Eee PC X101H price is $310.