Except the version we are talking about has an HDMI port (for digital video and audio). This implies it could output directly to an HDTV and could make use of a relatively complete OS (including a UI). I would rather run an Android mid build on this than Ubuntu; but, I can't seem to find out if the integrated graphics support OpenGL ES acceleration.
Ever heard of
Pogo Plug? This is a multimedia server centric embedded device. not a "plug," but close.
Well looking around their site, I found some information...
The GOOD news is that they are all over the place, Buy.com Amazon, even NewEgg, and I found the price as low as 79.99 USD.
the BAD news is that many of the reviews on Amazon are fraudulent entries from employees or paid 'shills'. As it turns out that the wonderful glowing reviews are from people who have never reviewed anything else, ever.

The newer reviewers noted this so proceed with caution.
sigh ...