Even better, take a look at this one: http://www.msi.com.tw/program/products/slim_pc/slm/pro_slm_detail.php?UID=431
(found thru pp.co.nz)
It looks kinda like a stereo, something that'd go fine with my TV and stereo And it even has a remote! I guess just adding Win XP media centre edition and it'd be pretty much like a tivo?
What sort of a CPU/RAM would you need for one of those? A 2GHz should be fine even for DivX I would think, or maybe a 2.8GHz Celeron? Both cost around $280. Probably $400 for 1GB ram (or would 512 work), $250 for a 160Gb disk, and $100 for two wireless networking cards (802.11 - 11mbps is enough) comes to about $1580. Probably too much for me, I think - for that amount of money I can get some more audio equipment!