It does feel dangerous, somehow, doesn't it, to have the web of technology be so complex? Even something like an automobile- once cars were simple enough that you could take them apart, put them back together, and have a decent chance of doing it right. But now the parts and the computer controlled systems are so complex that you really can't. All the equipment that got left in Afghanistan is a case in point: the Afghan government could never use it, because it was too tightly tied into the whole US infrastructure and support network. Without the satellites and the special maintenance crews it was all useless. Whereas the Taliban had antique gear left over from the Soviet Union, and it was repairable, and it worked.
Joseph Tainter actually links this exact phenomenon to the collapse of civilizations. The theory is that every time a society reaches a crisis, they tend to solve it by making infrastructure and social systems more complex. But more complex means it needs more energy, more education, more expensive maintenance to run. Eventually things reach a tipping point where the social systems are so complicated that adding to the complexity actually makes things worse instead of better. At that point the high energy equilibrium point is unstable, and the system must shift down to a lower complexity equilibrium that requires less energy - oftentimes, much lower. This manifests as collapse. It would be fascinating if this desire that you see manifested often in popular culture for things to be simpler, less systematized (homesteading, anger at government and banks, calls for degrowth) was some kind of subconscious understanding that things were approaching just such a tipping point.
So I get the sentiment. At the same time, our devices are really only useful because of the networks of servers and the billion dollar chip fabs that make them. You can't have something like the modern internet without all that stuff. So I don't see this really working, at least in the short term. That said, you can do a lot of interesting stuff with a low powered machine, and I'd love to play around with one. It would probably run a unix shell just fine. Not sure about emacs though..