This is the real low cost pc… you can do almost anything with this and well…. read on!

Measuring just 85mm by 54mm and costing $25 (£16), the Raspberry Pi packs a punch. “It can do anything a PC can,” says engineer Eben Upton, one of six Cambridge-based creators. At its heart is a Broadcom system-on-a-chip, and with 128MB of RAM it can run a full version of Linux-based system Fedora 15 as powerfully as a Pentium II machine.

via Raspberry Pi – Britain’s smallest PC – Specs & Costs (Wired UK).