Tiny cubieboard ARM Platform Offers Solid Specs with Android and Ubuntu Support for $49
The cubieboard supports Ubuntu (and other Linux distros), so it can operate as a regular desktop, but it can also run Android 4.0 Ice Cream Sandwich and turn a TV into an “Android TV”.
The nitty gritty details include a 1GB ARM Cortex A8 processor with 512KB of L2 cache on board, a Mali 400 Open GL ES GPU, 1GB of DDR3-480MHz, and 4GB of flash storage. The cubieboard also has 10/100M Ethernet, two USB 2.0 ports, an MMC slot, SATA, and an IR port.
The little fellow can be powered by a USB port (such as from a TV), so there’s not necessarily a need for a dedicated power supply. A release date is not yet available; the site just says that it’s “coming soon”, and “soon” can’t come quickly enough.