The
UMID M1 is, as far as I know, the closest you'll ever get to the pandora size. I haven't actually compared the two, but it is insanely small for an x86 netbook.
The biggest disadvantage compared to the pandora is its limited battery life, lasting for around 3 hours or so with medium load. With other annoyances, like miniature keyboard, miniusb port, not standard audio jack, and the fact an Atom at 1,1 Ghz will feel the strain of modern applications.
But considering it is using the GMA500 (which is a spiced up SGX), you will get almost the same 3d experience as the pandora.
An other downside is the fact that the SGX are practically not supported on linux (other than their specifically designated distributions) and this might be a bigger downside to many of you.
Oh, and I forgot to add that it costs almost 3 times more as the pandora.