OLPC’s plans for a dual-screen XO-2 laptop / tablet always seemed a little… ambitious, and it looks like even Nicholas Negroponte himself has now realized that it may be more than the organization is able to pull off at the moment. That word comes from a recent interview with Xconomy, where Negroponte confirms that OLPC has indeed scrapped plans for the dual-screen XO-2, and says it will instead focus on a “model 1.75″ that has a design similar to the current OPLC XO but gets a boost from a faster ARM processor. Negroponte isn’t completely giving up on the idea of a revamped OLPC, however, and says that model 3.0 will have a “totally different industrial design, more like a sheet of paper.” That model apparently also includes “aspirational aspects” like an unbreakable, waterproof enclosure that’s just a quarter inch thick, a full color, reflective and transmissive display with no bezel, 1W of power consumption, and (here’s the real kicker) a $75 price tag by 2012.

[Via Liliputing]