This looks like it might make a good low cost media center – some obvious restrictions but with Windows 7 I have successfully run Media Center on a Vaio P which has a very similar spec.

http://www.ebuyer.com/product/160807

Although lacking in storage it would also make a good baseline home server.

EDIT: Discovered it has two SATA bays so forget what I said about lacking in storage

 

 

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