The Neo900 project has been talked about for many months and there's finally some new news... It turns out the Neo900 is making some progress but Golden Delicious Computers is stepping down from their role and issuing refunds as it's cancelled the project, meanwhile there's a new organization to take its place. The developers say Golden Delicious Computers cancelling the project "[fixes] the organizational structure issues and move everything forward."
Moving the Neo900 forward is new work on the PHS8 modem, the GPS/GLONASS engine is being tested,work is underway on porting the GTA04 to the Linux 3.15 kernel, and various other projects are moving forward.
More details on the Neo900 work can be found via the Neo900.org blog. The Neo900 motherboard is still expected to ship this year and is expected to ship with an OMAP3 ARM Cortex-A8 SoC, 512MB of RAM, 1+ GB NAND flash memory, and micro-SD support. The hardware specs aren't anything to get excited about at all with anyone wanting a Linux phone with good performance will probably be best off with one of many Android smart-phones that can be rooted.