Uhhh. What you are looking for exists, but they are spendy. The ones I know of are designed for server support in rack setup solutions. And they do fold up just like a laptop. Most have all kinds of really neat features like the ability to do hardware based console redirection via tcp/ip.

http://www.ipctechnology.com/product...5_overview.htm

Im sure if you look hard enough you might find something cheaper and more like what you want.