Re: of course it will
I did - 10 years ago. I actually used a Fujitsu Sytlistic LT (233 Mhz, 64 MB RAM, 6GB HDD, 8" 800x600 resistive touch screen, Win98) on a work trip (30 hours on train each way since I could not fly for health reasons - whew). with its IR keyboard in stand case that opened up to position the keyboard like a clamshell. The case and tablet were around 5LBs, and I could sling it over my shoulder to hang by my side like a woman's purse. That beat the heck out of dealing in the tight train quarters, and all the moving around the stations with a bad back rather than dealing with the big briefcase-sized package of the corp-issued Thinkpad T20. I could connect to the corp VPN, run Lotus Notes for email, SameTime for chatting, ssh to Solaris servers I supported, run Open Office, etc.
I now use a Fujitsu Lifebook P1620 as my personal travel PC since it took most of those Stylistic characteristics and upgraded them tremendously while making the package even smaller and more portable with the bonus of a built-in keyboard bigger than usual for a 8.9" inch screen since it used Fujitsu's version of IBM's Trackpoint, and thus did not waste so much space on a touchpad with the big blank spaces next to it - all the more room for KEYS! And I can hook it up to full-sized peripherals such as keyboard/mouse/monitor if needed.
I would like it to be about half as thick like more modern ultrabooks and 2-in1 tablet/keyboard combos, and take SATA SSD's (although I managed to find a ZIF/PATA connectable 64GB SSD on eBay for it). The current Surface Pro/2 are appealing upgrades with their 10.8" screen being a reasonable size increase for the much greater resolution. I will have to give a Surface Mini a look if they really materialize, but 10-11" are probably a better size for my aging eyes as long as they have more vertical height than a measly 768 pixels.
Anyway, even that beats heck out of trying to use similar apps on a phone for "productivity" such as a Galaxy Note 2 that I tried for about a month, but it was just sticking out and bumping/snagging things too much from my belt holster - back to a Droid Razr HD which keeps out of the way much better while still providing decent viewing real estate and better accessories like car and mulitmedia docks (if only MotoGoogle had not killed off Webtop with the Bionic JellyBean update, and for subsequent Droids; the Razr could be a near-laptop replacement in a Moto Lapdock...).