Yes it does exist: 
http://www.sagernotebook.com/p...t.cfm?ProductType=1280
I'm running one now. Here are the specs: 
	12.1" WXGA Active Matrix LCD with Super Clear Glossy Surface Display
		Intel® Pentium® M Processor 735 / 1.7GHz, 2MB L2 Cache, 400MHz FSB
		512 MB PC2700 DDR333 memory [ Expandable to 1024 MB ]
		60.0 GB (5400rpm) Ultra DMA Hard Drive
		8X DVD / 24X10X24 CD-RW Combo Drive & Softwares , upgradable to 4X DVD ± R/RW Dual-Mode Combo Drive & Softwares
		8 Cell Smart Li-ION Battery
		Intel® Centrino? mobile technology, Intel® PRO/Wireless 2200BG LAN 802.11b/g, Integrated CMOS Video Camera, and gorgeous polished high gloss blue top cover with silver particles
		Intel® Extreme Graphic 2 64MB max. (Share Memory Architecture) Video Memory, DVMT Graphics Driver driven
		None 3.5" FDD
		3D Stereo Enhanced Sound System
		Touchpad with Scrolling Keys
		1 Type II PCMCIA Slot
		Infra Red, Wireless Fast IR interface
		2 USB 2.0 Ports
		Other Ports: 1 headphone, 1 microphone, 1 infrared, 1 RJ-45(LAN), 1 RJ-11(Modem), 1 SVGA CRT Port
		Additional Features: Integrated 10/100Mbps Ethernet LAN & V.90 56K Fax/Modem, Optional 4X DVD±R/RW Dual Mode drive
		Microsoft Windows XP Home Edition
		Standard Carrying Case
		Auto Switch 110/220V AC Adapter, AC power cord, User's Manual, Utility CD
		Dimension (H) x (W) x (D) : 1.0"x12.32"x10.743"     Weight: 5.2lbs. with Battery
		One year Parts and Labor Limited Warranty. (2 or 3 year Extended Warranty Plan optional.)
		Lifetime Free Technical Support