DavidB reminded me that back in November of last year I wished that Newegg would mobilize their website. It turns out that since then Newegg has actually released a mobile version of their website at m.newegg.com. This is awesome for me since I can now compare prices on Amazon and Newegg before I pick something up in the store.
The mobile version seems to have access to all the same products but is not meant for browsing. You have 10 categories but they just take you to the top 10 deals in each category which sucks. The search feature works but there is no drill down like you have on the main site. You can view only the first image of the product and the specifications. What really annoyed me is that you can see the rating of the product but you cannot read the reviews!!! You do have access to login and check your order status along with your wish list.
As I said in the title the mobile site is useful for searching for a product but Newegg really limited the features to the point where most people will just wait until they get to a computer.