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Re:ST Microelectronics $15 Cortex-M4 Development Kit by paulofisch on Friday October 28, 2011 @08:50PM (#3170700)
With an ARM11, HDMI and SD card, would a Raspberry Pi suit your needs? http://www.raspberrypi.org/

ETA December at current rate and enough real world examples at the alpha stage to be a cut above vapour :)

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