Mmm.. The Powerleap does look good, but it looks like the improvements they intend to make in revision two are worth waiting for..
Also, in my continuing webhunt I turned up a rather interesting page on upgrading Dells
here.
I did not see a date on the page but the information looks fairly current, and according to this guy the only slocket that currently has VRM is the powerleap.
There appears to be a yet to be released (in the US at least) Iwill Slocket III pictured back
here at Anandtech that also will have VRM. However the guy writting the page seems to think Iwill is not very intereted in releasing the Slocket III.
The page also included a link to an
Intel list of approved and unapproved slockets for PIII. Oddly the page is dated Aug 2000 and states that the Iwill Slocket II is not approved, but the Iwill Slocket III is. The Powerleap is not on either list.

bliab