Today sees a new Apple event, focusing, we believe, entirely on updated MacBooks. While these sorts of announcements aren't as far reaching as, say, the WWDC Keynote, there's still usually some fun stuff that comes out of them.
Current rumors have a cheaply priced notebook (doubtful), a new, iPhone like trackpad (possible), and upgraded specs (definitely). The event starts at 1pm EST (10AM PST), and as it happens, I'll "live-blog" the info on this post. So be sure to bookmark, and refresh!
For clarities sake, I'll be posting the most recent updates at the bottom, so scroll down for the latest info:
12:03pm - Want to know what one of these looks like? Check out the last live-blog, while you're waiting.
12:16pm - Checking out a couple more rumors... Personally, I'd buy a large, HDTV display with built in Apple TV in a second, if the price was right. The other rumor is this possible mock-up of the new MacBook:

We'll certainly know how close that comes in about an hour...
12:39pm - Only twenty minutes to go! Apple Store is down, and so, curiously, is the Best Buy store. Hmmm...
12:58pm - We're about to start...
1:00pm - Steve is alive and well! The reports of his death have been greatly iXaggerated.
1:02pm - "Today is all about notebooks, which are teh awesome." I'm paraphrasing.
1:05pm - "Vista is teh haXX0r." I may be paraphrasing again.
1:07pm - Point is, they're spending a good amount of time talking about how awesome Macs are, and how much PCs suck. I assume this is leading into something like, "That's why we're in perfect position to take over the notebook market with..."
1:10pm - Macs are now 17.6% of the market, when a few years ago, they were 3-4%. Which is A) impressive, and B) Attributed to Leopard (positive) and Vista (negative). Anyone else think they're ignoring the rather more obvious, "People like iPods?"
1:12pm - Tim Cook, done with presenting these awesome facts, drops the mic and backs off the stage. Anyway, Steve Jobs is back, and talking about ways of reinventing Notebooks. Bring it.
1:14pm - ...Or not. Jony Ive will talk about how they currently make MacBooks, and then point out what they've learned. Currently, they're made out of chewing gum by goats. Now, they will be made out of magic.
1:17pm - Ive is talking about machine stamping and anodizing aluminum. I think I actually fell asleep and died for a second, not sure.
1:20pm - Shock surprise twist: they'll be using the method they were just describing, which makes the MacBook Air so light, on some more notebooks. Jobs is back and talking about graphics cards. The chip he's introducing is 5x faster than a similar Intel chip.
1:22pm - Hmm... This chip is 55% faster on 3-D graphics. This is clearly addressing the "games for Mac" problem, which is "games don't come out for the Mac," in case you don't know.
1:23pm - Here we go: new trackpad, as expected, is one big glass button with multi-touch. Essentially, imagine instead of a mousepad, you have an iPod Touch sitting in your notebook. Pretty rad, up until I smash it with my heavy metal fingers.
1:25pm - Want to know what the new MacBooks look like? Look above... The mock-up is 100% spot-on.
1:27pm - More specifically, it's the new MacBook Pro, with, "precision aluminum unibody enclosure, LED backlit display, next-gen graphics, multitouch glass trackpad, mini display port connector (putting on all new macs), and environmentally responsible."
1:30pm - They're talking about the two graphics cards in the MacBook Pros, which allow "Turbo" mode. Yup, this is a gaming notebook.
1:31pm - 5 hours of battery on the non-Turbo setting; 4 hours otherwise. Plus, the battery indicator is on the side of the machine, instead of the bottom, which is pretty rad.
1:32pm - Full access to the drive, which is new, right? I mean, that way, you can actually upgrade your laptop's drive, like you can with the Mac Pro?
1:34pm - Two models: Both 15.4", both 250GB hard drives; superdrives; $1999 for 2.4Gh, $2499 for 2.53GHz. In stores tomorrow, available for order today!
1:36pm - MacBook Air gets an upgrade, too, with 50% more storage space standard (120GB), plus the same basic graphics chip as the Pro.
1:37pm - $1799 for the basic MacBook Air; $2499 for a slightly faster model, both available in November.
1:38pm - New $899 Cinema Display, 24", also available in November.
1:39pm - ONE MORE THING!!
1:40pm - Updating the whole MacBook line, as well. Reducing the price to $999 to start and spec-wise, it's just like the Pro, but smaller.
1:42pm - This is just my untrained opinion, but right now, doesn't seem to be much difference between the MacBook Air, the MacBook, and the MacBook Pro, other than a few different chips, and general speediness.
1:44pm - Oops, correction: the current, White MacBooks, with updated specs will sell for $999. There'll be new, metal MacBooks selling starting at $1299 for the 13"; $1599 for the 15". Both are available tomorrow.
1:49pm - Okay, they're showing a video about how awesome Macs are. Anyway, for those of you who like reiteration: all MacBooks will be made from the MacBook Air process (except for dinky white MacBooks), meaning much lighter bodies. They'll also have massively updated graphics, hard drives, etc. Basically, MacBook Airs are upgraded to MacBook specs; MacBooks are upgraded to MacBook Pro specs; and MacBook Pros are basically sentient A.I. monsters that will eventually take over the world.
1:53pm - Ha. They're taking questions from the audience, but Steve pre-empts the obvious: "110/70, that's my blood pressure, and that's all we're talking about my health today."
2:03pm - In case you're wondering about the lack of updates, it's because there's nothing super interesting going on. The end!
2:05pm - ...and they're up at the Store. So what did you think? Excited? Bored?