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From Tom's Hardware:

Intel Atom CPU Review : Introduction

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Introduction

For a few months, we’d been hearing talk of a new dedicated Intel processor for MIDs (Mobile Internet Devices), intended to compete with ARM processors. Initially known by the names Silverthorne and Diamondville, the processors in this new line will be called "Atom". These chips have a few surprises in store.

Interesting and Surprising Choices

Atom CPUs are surprising for more than one reason: they have modern functions (EM64T, SSSE3, etc.) grafted onto an older architecture The Atom is the first in-order x86 since the Pentium. Power management and fabrication costs are the two imperatives Intel seems to have been guided by, at the expense (with no attempt made to hide it) of performance. So, no, don’t expect a competitor to Core 2 Duo. But what does the Atom really have to offer? We’ll see that as this piece unfolds.

Another Mini PC from 2006....not sure what happened to it.:

Mini Linux PC breaks $100 barrier

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Sep. 27, 2006

Taiwanese integrator E-Way Technology Systems is shipping a tiny, 200MHz x86-compatible mini PC for $99, in single quantities. The TU-40 is passively cooled, comes with 128MB of RAM, and can run lightweight versions of Linux, such as Puppy, the company says.

The TU-40

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E-Way says the TU-40 is suitable for use as a low-end embedded system, industrial controller, set-top box, or thin client. It could also be used in vertical applications, such as electronic signage and industrial control, the company suggests. Cost drops to $85 in large volumes, the company adds.

The TU-40 is based on an unspecified 200MHz processor said to be x86-compatible -- possibly an SiS550. It comes standard with 128MB of RAM, of which up to 8MB can be shared by the integrated graphics processor.

The TU-40, shown with optional serial ports and coax connector

I/O includes:

15-pin D-type female VGA connector
10/100 Ethernet
44-pin EIDE interface header
CompactFlash Type I/II slot
1 x front and 2 x rear USB ports
PS/2 keyboard and 6-pin mini-DIN mouse port
AMI BIOS
Battery-backed RTC (real-time clock)
AC-97 V2.1 compliant CODEC
MIC-in & line-out phone jacks
0 to 108 deg F (0 to 60 deg C) operating range

Additionally, the system is optionally available with pre-installed flash and microdrives, a mini-PCI slot, and an 802.11b/g WiFi module.

The TU-40 appears to be physically identical to another sub-$100 PC announced last month, and said to be capable of running Puppy -- NorhTec's MicroClient Jr. (pictured at right). However, the TU-40 has a 200MHz CPU, instead of the 166MHz CPU previously reported available in the NohrTec PC.

Like the MicroClient Jr., the TU-40 is housed in a tiny, square case 4.5 inches (11.5cm) to a side, and 1.4 inches (3.5cm) high. It weighs 1lbs., 2 ounces (500grams), draws up to 3 amps of 5-volt power, and comes with an AC adapter. The TU-40 system is CE and FCC certified, and complies with RoHS requirements, according to E-Way.

E-Way president Stephen Frieberger said that the company started six years ago, as an embedded Linux consultant to customers that included "the world's top three notebook manufacturers, the top two Taiwanese semiconductor manufacturers, the Taiwan Phone Company, and many top tier factories including Acer, Tatung, [and] Gigabyte, and even the Taiwan Air Force." The company developed its own embedded Linux kernel, Frieberger said, which can auto detect hardware and boot in about 25 seconds, while supporting systems as slow as 166MHz, with 64MB of RAM.

Currently, E-Way manufactures its own hardware designs in Taiwan and China, with the goal of offering "quality systems at world's lowest costs," Frieberger said. The company has grown 250 percent per year for five years, and plans a NASDAQ IPO in 2007, he claims.

Availability

The TU-40 is available now, at $99 in single quantities, with pricing as low as $85 in larger quantities.