I have been looking at Samsung's ARM chromebook. It looks like it might be the best of my options right now, but I would really like a higher-resolution screen, even if that meant a bigger screen size. (Every laptop is 1366x768 these days...)
It may very well be fake, but if it isn't, it's probably gonna be worth waiting for unless you need something right now.
To make better use of the smaller screen real estate, you may wish to look into using a tiling window manager (dwm, xmonad, etc) coupled with a 'full screen' browser like Conkeror which nets another 100px vertically by not having a tab/navbar.