Examples of Android set top boxes (the first one has 4 GB):
http://www.dealextreme.com/p/google-android-2-2-hdmi-tv-set-...
http://www.dealextreme.com/p/mele-1080p-android-2-3-internet...
They were featured recently by a local supermarket chain.
I mean, the sales pitch for the Chromebox is: surf the internet, stream movies and use some apps...
My point was it's like saying you don't understand why Apple sells the Mac Mini when the Apple TV is only $99.
Google TV (aka Logitech Revue, Sony Internet TV, LG Smart TV). They've been at your local Best Buy type store for years.
They're Android 3.0 STBs, or in the case of the Smart TVs starting to come out, built into the TV.
(LG has announced GoogleTV/Android support, and showed samples at CES this year but AFAIK isn't shipping them yet).
The LG TV with Google TV (Android) has been available for ~5 months at least. Amazon started selling it in February.
"Go fast". The set top Androids are also pretty fast. Also, as someone said, who reboots these days? (though it's a selling point for a media player replacement)
"Stream HD movies without a hitch", ok, that's a selling point, though my cheap Android phone does well enough on "good enough" quality, so I'd expect the Android set top boxes or equivalents to do just as well.
"Go straight online to creating, sharing and enjoying. Chrome devices come with built-in apps for editing photos, creating documents and presentations, and video chat, so you can get everyday tasks done right out of the box."
Ok, though the Android boxes do that too.
"Google+ Hangouts. You can also integrate multiple chat accounts with apps like imo or eBuddy. "
Not a selling point for me (what is a Hangout?)
Edit: I tried explaining myself. Why the downvote instead of a rebuttal? (I can accept those)