Sadly, it's not all good news.
The Nokia Booklet 3G is scheduled to ship sometime in Q4 2009 and will include Windows 7, as I previously reported. It will sell for €575, or about $800. That's about double the cost of a typical netbook, though Nokia expects the device to be sold largely by wireless carriers, which will subsidize its cost to consumers opting for a monthly data access plan.
Most of the Booklet 3G's specs are common to all netbooks, but it does include a unique GPS navigation chip that will work in tandem with Nokia Ovi Maps software.
I'm guessing this will be a Europe-only offering in the beginning, but I'm curious to see it come to the US.