The MacBook Air will be introduced in a smaller size and with a lower price next week. There is a conference coming up where they will be more information available but there is already specs to role out.
Everything about the new Air will be smaller, including the price. The exact final price isn't known right now, but it will be "significantly lower".
Apple is also breaking boundaries for using no HDD or even SSD, but a sort like card developed by Apple that would be a less expensive approach.
Some specifications that are already revealed:
- 11.6-inch screen
- Intel's Core processor
- Nvidia's MCP89 chipset
- Longer battery life.