What is OrigamiProject.com? Microsoft registered this domain last December. When you visit the site, you'll see a short animation and a message saying that you'll learn more on March 2.
I've watched it a few times looking for hints, but nothing jumps out. Perhaps this is related to MSN? Is some division at Microsoft folding? (origami, get it?)
Microsoft has also registered OrigamiProject.net and OrigamiProject.org.
Update: Paul McNamara, a news editor at Network World, guesses on his blog that it's an "ultraportable lifestyle PC." Rumors of such a device have been making the rounds for a few weeks now. Let's see if the OrigamiProject speculation matches the feverish what's-Apple-announcing-Tuesday discussion.