Reader Grant pointed us to an unusual netbook being sold that is powered by a 400 MHz MIPS processor in place of the standard Intel Atom. The Alpha 400 MIPS netbook runs Linux and has 1 GB of flash memory for storage and a mere 128 MB of system RAM. There’s a 7-inch screen on this little netbook and an SD slot to round things out. While a MIPS-powered netbook might not be what many are looking for this processor is probably good enough to run a Linux-based notebook that will be used primarily for Internet work. The Alpha is available through geeks.com and we’d love to hear from anyone who has picked up one of these cheap things. $189.95 is definitely the cheapest netbook we’ve seen yet.