Would an Homebrew Console Be a Realistic Venture and What Would you Need ?

The systems on sale today are great in their own way but none apart from the made for homebrew GP2X handheld console support Homebrew and Emulation.

So what got me thinking is could a Homebrew Console (like a Wii/PS3 etc) be done and done cheaply but with a decent enough spec for Homebrewers and Independent Programmers to learn their craft on.

Any homebrew console really would need i would say a processor of 700Mhz, at least 64MB of ram or even 128mb ram. A decent graphics chip that can do 2d and 3D.

For storage and maybe a virtual Memory option say use SD Cards, cd/dvd drives are expensive and break a lot so a static device would be longer lasting ?

Maybe USB ports and possibly a VGA Out.

You can see where im going with this but for what price could this realistically be done and also what specs would you include. I for one think Wifi would be needed for Online Homebrew games.

Now if only someone would take this Dream and develop it.

Thoughts?

If it was to bee good, you would need some really dedicated programmers.

bull, x.

There is one thing with all of that already included... it's called a PC

A homebrew console don't sell well.

1 ghz processor, 256 mb of ram, 40 gb hard drive, and it would cost $300.

using microatx you could build a pc based system such as the one SSaxdude said whilst staying small, and have it running some form of linux. would be more than powerfull enough whislt being quite well priced.

spec somehting in the region of 1-15ghz cpu, 256mb ram, 40gig hdd that could be upgraded, dvd drive and some cheap graphics card with 128mb ram

Depends on if you're going to be designing a new dedicated processor. Masks alone for those cost $2 million. I'm sure you could talk some chip manufacturer into letting them use their technology for a price, though...

chip an xbox and you have exactly what you want all very cheap too less than £100

wouldnt it be a homebrew
not an homebrew

I think the GP2X is the closest you're going to get