It may be small, but it's HD-compatible when connected to a monitor or TV, and has all the trimmings you'd expect from a larger machine.
An Intel Atom D510 1.6GHz processor and NM10 Express chipset are combined with an Nvidia GT218 graphics card, and connections-wise there's five USB ports, VGA out, a LAN port, memory card reader and of course the HDMI-output. Inside, there's a 2.5-inch HDD - though at what capacity it hasn't been said yet - and an optical drive. Shuttle will put it up for grabs sometime in the next couple of months, though for how much it's your guess. [Shuttle via SlashGear]