For such a long time we could only dream about cheap netbooks but today these dreams are getting closer and closer to the real world. Today we present you BestBuy and Sprint’s new baby: the 99 cent – Compaq-branded HP Mini 110c. This is a special price only for those of you that agree to a two-year data contract but let’s see what lies behind this sexy offer.

As you probably know, the exact same unit is currently sold by AT&T and Verizon for $199 so what’s that catch?

Well, that two-year data contract will charge you $60 a month for service and in translation you’ll be paying $1,440 for a modest machine that features a three-cell battery, 1GB of RAM and a 1.6HZ Atom CPU.

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