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The Viliv S10 Blade is a 10 inch netbook that can function as a tablet thanks to a multitouch display and a hinge that lets you fold the screen down over the keyboard. Chippy from UMPC Portal and jkkmobile both have pre-production units, and they got together last night for an “open review” where they tested and talked about the laptops live on camera.

In a nutshell, they were both quite impressed with the build quality. And while they didn’t do a comprehensive battery test, it looks like you should be able to get around 7 to 8 hours of run time.

The laptop comes with a choice of a 1.6GHz Intel Atom Z530 or 2GHz Atom Z550 processor and it should come as no surprise that the 2GHz model is faster. It’s also capable of playing some 720p and even 1080p HD video smoothly with the proper codecs installed — as well as 720p HD flash video using the latest beta version of Adobe Flash Player 10.1.

For more details, check out Chippy’s review session debrief or watch the two videos from the live session.