The Tech Report writes HP is working on the Pavilion Chromebook 14, a new 14" Chromebook with Intel's Celeron 847 1.1GHz processor. Other features include a 1366 x 768 pixel screen, 2GB DDR3 memory, a 16GB SD, and a 37Wh battery that should last up to 4.25 hours. The system is expected to be launched on February 17th, pricing is unknown.
At least the thing doesn't sound too bulky—HP quotes a weight of 3.96 lbs and a maximum thickness of 0.83".
I'm not entirely sure why you'd want a jumbo-sized Chromebook, especially given the paltry 1366x768 display resolution. Acer packs the same pixel count into its 11.6" C7 Chromebook, which is almost a pound lighter and priced at just $199.99. (The C7 has a Celeron 847 and 2GB of memory, too, just like the Pavilion Chromebook 14.) I guess the HP's bigger screen might be nice for Netflix, but since Chrome OS pretty much only runs web apps, video streaming and downloading options are going to be limited.