We’ve been watching (and writing) about the rumored Apple tablet netbook for a while now – essentially an iTouch with a 6-10″ touch screen, we feel like this thing is gonna be huge.

Hulu’s been working on an iPhone App (using the more Apple-friendly MP4 format rather than than Adobe Flash) for a few months now – imagine a 10″ tablet for the home that can access iTunes, YouTube and Hulu.  Imagine all this running over your fast home internet connection rather than AT&T’s under-performing 3G data network.  Imagine (the admittedly more remote) possibility of the otherwise Microsoft-centric Netflix streaming service coming to the iPhone OS as well.

In short, this could be one compelling consumer electronics internet video device.

We had speculated on a holiday 2009 release, but recenty the Financial Times reported the iTouch tablet/netbook might hit as soon as September. There’s one (as yet unsolved) problem most of the somewhat breathless coverage of this device fails to mention, though:

Battery Life.

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A Wall St. analyst’s report on Apple today has touched off a new round of buzz on the rumored Apple netbook – essentially, a 9-inch iTouch.

Although we wrote about this over two months age here,  it’s well worth a bump: given that hulu has just decided to stop waiting for Apple to let Flash onto the iPhone OS and will instead release a workaround app of their own using MP4/Quicktime (à la youtube), this device promises to be one seriously cool “lean-back” (lean way back, if you want to take it to bed) internet video device for the home.

This is going to be a huge success.

Huge.