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pico atx can be turned into a laptop motherboard. the raspberry pi might not do the job now but its a start and there is a selection of single board computers out there that are getting decent performance for the netbook class laptops (see latte panda)
modular pc is just a desktop pc, same for laptops they offer upgrades of some sort.
the problem is you have to compromise and on a computer that is a though sell since that already exists
for a modular laptops there are raspberry pie laptop designs out there