The future of computing is mobile. Paul Allen came to the Demo 2004 conference taking place here this week to launch FlipStart, a mobile computer designed by his company Vulcan Ventures of Seattle.

“I’ve had a vision for a device like this for a long time,” Allen says. The FlipStart– which is the very definition of mobile. It’s a full-fledged PC running Microsoft’s Windows XP. It has a 30-gigabyte hard drive from Toshiba–the same one inside Apple Computer’s iPod, Allen says–as well as a small but wide screen with a resolution of 1,024 pixels by 600 pixels.

But it folds up and goes in a briefcase or even a big pocket a bit like a Reasearch In Motion Blackberry on steroids. The keyboard is wider and there’s a red joystick mouse, similar to those you’ll find on an IBM Thinkpad. Inside is a processor from Transmeta. The full package weighs in at less than one pound. Users can attach a port replicator to the back of the FlipStart, which allows it to act like a regular desktop PC, connecting to a common keyboard, mouse and monitor.

More here.