From engadget and boygenius,

HTC sent out a memo to all distributors saying this device has been "postponed indefinitely".

and I was so looking forward to seeing this device. It sports a 400mhz CPU with 3G HSDPA and in the "Excalibur" like format. What does that mean? Speed! Fast CPU + Fast Bandwith, lots of flash (128mb) means apps will be zippy, online experience will be good too. Not just surfing, but downloading RSS feeds, podcasts and vlogs. Sigh, it's a sad day.

More pictures here.