Intel announced the Intel® Core™ Processor Challenge at their Fall Intel Developer Forum, as a PC system design challenge which they hope will speed up the availability of small, stylish PCs for consumers' homes.
Eligible entries will be judged based on attributes of style, acoustics, functionality and features. Taken straight from their press release linked above, "Intel will award the Grand prize winner with up to US $300,000 for hard tooling costs of their winning design and US $400,000 for co-marketing activities with Intel promoting the design. The first place winner will receive up to $300,000 for hard tooling of their winning design."
I wonder if PC Alchemy will enter the contest? This is their stylish and small PC called the MiniMCE. I also like the stylish design of Apple's Mac mini, but I don't think it's eligible because even though it uses the Intel Core Duo processor, it's not a Intel® Viiv™ technology-based PC.
Let me know if you come across other potential entries. It will be fun to see if some creative designs help to launch some truly new and innovative companies.
Update - 9/27/06, here's a pic of another small form factor HTPC, which I think is from a German company, found after performing a Google image search: