Most smartphones can do many of the same things as a full function PC, but you're still going to want to transfer your files to an actual laptop or desktop when you need to do some real work. Not so with the Magic W3, which is really a tiny hand-held PC that just happens to also work as a phone.
The key difference is that the W3 runs Windows Home 7 Premium, so you can load any application that you would normally use on a PC instead of the watered down phone app version. The processor is a 1.6-GHz Atom, backed up by 1GB of RAM and a 32GB SSD drive. Because all that power would run down the battery pretty fast, the W3 can wake up from sleep mode the moment there's an incoming call or SMS message. A docking port makes it easy to connect the W3 to a physical keyboard, optical drive, and a larger display should you find the 4.8 a bit puny for working at home.
Connectivity includes quad-band GSM and 3.5G HSPA, along with Wi-Fi, Bluetooth and a GPS receiver.