Acer Aspire X1200 HTPC mini-PC

For a mere $450, Acer is rolling out a Blu-ray capable HTPC/mini-tower. For this price, you get a nicely equipped unit with a GeFroce 8200 motherboard (8-channel audio, hardware decode of H.264 and VC-1 CODECS). This is a pretty could entry price for a client-HTPC or DVD/Blu-ray library with a couple of HDHomeruns :).

Engadget

Acer promises full 7.1-channel audio support as well as the guts to work with H.264, VC1, and MPEG2 and the spunk to output 1080P. The whole shebang comes in a rack-friendly 10.6 x 4.0 x 14.4-inch enclosure. Of course, prices scale up to $699 based on your needs — the latter coming with a 22-inch display — but the base price will get you a 320GB SATA II drive and the start of what could be a sweet little home theater PC.