Gizmodo has the details for the Fusion Garage's 'Crunchpad' Unveiling Liveblog.
Basically this is the the company that TechCrunch worked with to create their cheap media pad, then a week before the release of it decided to boot TechCrunch out of it, and now is somehow releasing it or unveiling it. I was under the impression that TechCrunch owned enough of the IP of the product that Fusion Garage couldn't release the CrunchPad, but apparently not. Read the liveblog for more details.