Can you imagine having a laptop which costs just 75$, the current price of a 120GB mobile hard drive? Well, this may become reality if the new venture formed by former chief technology officer of One Laptop Per Child (OLPC), Mary Lou Jepsen, can deliver on its promises. Jepsen left OLPC two weeks ago to form Pixel Qi, a company that's in "currently pursuing the $75 laptop, while also aiming to bring sunlight readable, low-cost and low-power screens into mainstream laptops, cellphones and digital cameras." As Chief technical officer, Jepsen was responsible for hardware development for the rugged and power-saving XO laptop, designed for use by children in developing countries. Currently this is only a bright project, no details, no specifications, no pics, no release date were announced. We're looking forward to seeing it in the hardware stores near-by.