The $100 OLPC XO machine hasn’t gotten off pleasantly since it was introduced, and besides it was not meant for consumer satisfaction so it didn’t get that much popular. Then not so long ago, we learned about the $10 dollar netbook which was reportedly being developed in India, which was later on was not really geared for a $10 price but actually $100.

So, now here’s could probably the real thing. The Boston Herald is running this story on some MIT students who are developing a computing machine that will cost only $12 to make. Incidentally, Nicholas Negroponte who was the mastermind of the OLPC XO laptop also hails from MIT.

Now, about this $10 PC. It was said to be an Apple II based machine that was inspired by some $12 computer already available in India which is composed of a cheap keyboard and Nintendo-like console and is being used to run simple games and programs with home TVs as the LCD display.

But Derek Lomas thought of improving on the said machine by wanting to add more power into it, including some connectivity features using cellphones. Lomas and some friends are currently hell bent on finishing the product.

We’re hoping that these fellow succeed in what they are doing and we’re looking forward to seeing the $12 PC. Don’t ask us yet as to whether it would run Windows XP though.

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