The base model is going to be running on a dual core 1.6GHz CPU, 2GB RAM, 160GB HD, 2MP webcam, and of course the same 10.1" Pixel Qi screen. It will run either Windows 7 or Ubuntu and come with a sufficiency of ports and card slots.
This might not be as rugged of a laptop as the explosion proof ones from Panasonic, but it certainly looks more durable than the previous model. The Classmate was originally intended to survive children, so it's a fairly rugged laptop compared to most on the consumer market.
When you think about it, it makes a lot of sense for Sol Computers to use it. These netbooks come with a rather expensive screen whose best feature is that you can use them outside. That means it is more likely than most to be banged around, even if the owner is careful. The rounded corners and reinforced screen should handle a lot of beating up in the course of normal use.
Sol Computer should have the product page up next week, with a retail of $950. But if this netbook isn't your thing, they also sell a 10" Win7 tablet with a Pixel Qi screen. They are also planning to release a 7" tablet based on the Pixel Qi screen, but that's due out later this year.