Raspberry Pi. An ARM GNU/Linux box for $25/$35.
Writing about web page http://www.raspberrypi.org/
About the size of a credit card. $35 for the model with Ethernet. 1080p H264 video playback. Negligible power draw. Powered via 5v micro USB. If you want a tiny low power device that's a 'proper' computer rather than a hacked router or similar, this is probably it. Hopefully you'll be able to buy one soon.
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