I want my 15" screen...

Michael Dell recently gave a talk in Silicon Valley where he had little positive to say about Netbooks. “With the netbook,” he said “if you take a user who is used to a 14-inch or 15-inch notebook, and then give them a 10-inch netbook, a few hours later they want their big screen back.”
I wonder if they did the survey in a room inside a building with the computers sitting on a desk. Do you think he's missing the point?? If I was using a laptop and someone took it away and gave me an iPhone, I would probably want the big screen back again, but it doesn't mean I don't want an iPhone or that I wouldn't use one.
The Netbooks are about form factor, not about what's better to use... (what's better, a BMW 7 series or a Mini?)
Maybe I will just carry my phone around with me, maybe I will have my full-blown laptop, or maybe I just want a small, intermediate device that lasts a decent amount of time on batteries, has a ubiquitous network connection and still allows me to do the basics that I would find hard to do on a smartphone. It sits inside my backpack but doesn't weigh me down and it's small enough to be taken out on the tube or the bus.
Of course (duh), if I'm in my office or my home, I'm going to prefer a high powered laptop, but there is a balance to be struck. The Netbook fits neatly into the gap between the smartphone and the laptop.
Oh, and another thing, at $300-400 I might just buy one for the kids.
Michael Dell doesn't get out enough!