if you have not got wind of this @
take a look !
hxxp://www.raspberrypi.org/
An ARM GNU/Linux box for $25. Take a byte
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Provisional specification
- 700MHz ARM11
- 128MB or 256MB of SDRAM
- OpenGL ES 2.0
- 1080p30 H.264 high-profile decode
- Composite and HDMI video output
- USB 2.0
- SD/MMC/SDIO memory card slot
- General-purpose I/O
- Optional integrated 2-port USB hub and 10/100 Ethernet controller
http://elinux.org/RaspberryPiBoard
--edit--
added anoying smiley's xD