I saw this on Engadgetthis morning, and saw a funny bit in their article on it.

Everex markets this as "green" rather than "underpowered" for obvious reasons, but packages the tiny bit of electronics (mini-itx motherboard & HD, no CD) in a mid-tower case with two drive bays, etc. The reason: "Research indicates that Wal-Mart shoppers equate the size of the system to its capability". Gotta love the waste there!