HP introduced its DreamScreen line of flat Wi-Fi-enabled devices this morning.
They're slick and attractively priced -- at $249 for the 10-inch screen and $299 for the 13-inch model.
On the downside, they don't do as much as they should. The DreamScreen is essentially a glorified digital photo frame with multimedia goodies and very limited online connectivity. Users can stream photos, music, and video located elsewhere in their home networks or stored in the 2 gigabytes of internal capacity. They can also access Facebook, Pandora, and HP's own Snapfish. That's pretty much it, though.
What good is a portable Wi-Fi screen if it can't access Google's
The DreamScreen also accesses HP SmartRadio, a new hub that offers free access to 10,000 Internet radio stations. Along with Pandora connectivity, this would be a threat to Sirius XM Radio
In short, HP's new device does a few things well, but it doesn't replace the netbook the way that Apple's inevitable device will. The DreamScreen isn't an email retriever or a gateway to even primitive computing tasks.
It also doesn't offer a touchscreen or a keyboard, so even access to Facebook is unlikely to be as interactive an experience as some may expect.
HP is positioning this as a "fourth screen" for consumers, with computer monitors, televisions, and smartphones being the first three. It's a noble concept, but sadly incomplete. We need more, HP. We will be willing to pay more, too.
Fourth screen? I plead the fifth.
Longtime Fool contributor Rick Munarriz is a subscriber to both Sirius and XM. He owns no shares in any of the companies in this story and is also a member of the Rule Breakers analytical team, seeking out the next great growth stock early in its defiance. The Fool has a disclosure policy.