CrunchPad dies at the 11th hour?

The CrunchPad was slated to be a cool, sub-$300, Linux-based tablet PC. It was excitedly anticipated by a lot of geeks, myself included. Apparently Fusion Garage, the manufacturing partner of Tech Crunch in the CrunchPad endeavor, has decided they just going to sell the thing themselves without Tech Crunch being involved:

But the email went on. Bizarrely, we were being notified that we were no longer involved with the project. Our project. Chandra said that based on pressure from his shareholders he had decided to move forward and sell the device directly through Fusion Garage, without our involvement.

Err, what? This is the equivalent of Foxconn, who build the iPhone, notifiying Apple a couple of days before launch that they’d be moving ahead and selling the iPhone directly without any involvement from Apple.

I wonder how often this happens in small endeavors like this?

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