If the web browser included on the Foleo supports Javascript...and if it supports Flash...and if it supports Silverlight...and if it supports Flex...
...then that may work. Web applications are moving toward more and more processing being done on the client, though, so for the Foleo to act as an internet-connected dumb terminal will not be as useful as it might sound. Not to throw rain on the parade, but these details will make or break the implementation.
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