Hey peps just an update after actually getting one of these units and what i used mine for.
Had it over a week now with the intention of using as a small portable computer but due to the small processing power of the CPU it is every slow for surfing the web and will not play flash videos (so not youtube)
For me the most useful thing to do with it is to set it up as a cheap low power NAS device (network attached storage)
What this means for the peps who don't know, is I have a hard drive connected to the raspberry pi and this allows me to access the content that drive (i.e. pictures, movies, business documents like receipts, music.......any file) wirelessly from any computer, Ipad, media center, smart phone, or tablet connected to my LAN (local area network).
What this would be good for the guys on here is to back up all your work documents and be safe in the knowledge that if your computer break downs you dont lose anything as it is not stored on the computer.
You can even mirror two hard drives to the raspberry pi so that if one of the hard drives dies the other one still have all the data.
You can buy a NAS device but the advantage of this is it is quite cheap and because the power consumption is very low on the raspberry pi.
Hope you guys find this useful