The CHIP (which really exists) can be ordered for $8 at the moment: http://getchip.com/
I understand the company and its product are not as well known as Raspberry Pi. But calling it vaporware while they actually have shipped what they promised and seem to continue doing that is unfair. Sure, they have less of a history and track record but so far there is absolutely no reason for any doubt.
Even the mere fact that Rasberry Pi (which he obviously trusts) can make a 'pc' for $5 makes it feasible for another company to make something for $9...