The founders of mobile-facts, Matthaus Krzykowski and Daniel Hartmann, have confirmed a suspicion that a few savvy bloggers have expressed since before the release of the G1: that Android can power a netbook. Considering Google's affinity for online apps, it's possible that the light environment could turn a netbook into a thin client, and that Google themselves could port Android and provide a complete application suite without making any serious adjustments to the OS's core.
It isn't a how-to, but Krzykowski and Hartmann have recorded some of their experience compiling Android to run on an EeePC over at VentureBeat. Perhaps more important, as many already thought or knew that Android will run on just about any embedded device, are their observations regarding the possibility of a mass-produced Android netbook in the coming two years - a topic explored from another angle by Steven J. Vaughan-Nichols over at Computerworld.
Kevic C. Tofel points out that Qualcomm, the company that provides the G1's processing power, has developed a touchscreen netbook concept that could really let Android shine, with even less work than was required to fire up an EeePC. While based on a different chipset (Snapdragon), the netbook might make a cozy home for cell phone software. 3G, GPS, and Wi-Fi are on tap, and with an open source base the price could be right.