Check out the Ripple Mini PC from Korean company Ripple.

Ripple Mini PC - The Sub $150 PC

This tiny PC features an Intel Celeron M215 (1.33GHz, 512KB) with a D201 GLY Intel motherboard.

Ripple Mini PC - The Sub $150 PC

There is also 1GB of RAM, SiS 662 North Bridge and SiS 964L South Bridge.

The Ripple Mini PC is on sale in Korea for about $132, no word on whether it will be released in the US and Europe.

Add Linux to it and you have one seriously cheap PC.

via Akihabara News