Yes but
The console has Wi-Fi built in and is 802.11b/802.11g
Sorry, maybe I misunderstood something. Wifi? Internet? with a 320x240 resolution? Maybe it's not the best idea. I don't know...
Other than that, yes it looks great. If it could emulate PSX and N64 flawlessly, it's the full monty. I mean, we don't need anything else, do we? It's not like we're gonna have a Dreamcast or Gamecube emulator someday, anyway. I mean in the short time of course (at least in the next 5 years).