The team has decided to move away from Ubuntu in its next release. Instead, Eeebuntu 4.0 will be based on Debian Unstable. More here
A few days ago one of the members of the Eeebuntu Linux development team threw up his hands in exasperation complaining that every time a new version of Ubuntu Linux came out, it broke compatibility with Eeebuntu. Now another member of the dev team has posted on the Eebuntu forum that the team has decided to move away from Ubuntu in its next release.
The original forum post is here