I think the title "ultra-cheap ultra-mobile laptops" is fine, but that isn't the title of the wiki page (Ultra-cheap ultra-mobiles matrix). A page on laptops with a $500 (list?) cutoff is a good idea, but it should say laptop in the title.
There are low cost alternatives today that are not laptops (Nokia 770 and 800, perhaps PDAs), but these are all clearly different beasts. UMPCs are sometimes laptops and sometimes not (either way they are clearly laptop-like), but are currently all above $500. Over time, UMPC's will dip below $500, but this is probably too high for "ultra-cheap" in the long term anyway.
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