I recently pre-ordered the Raspberry Pi. http://www.raspberrypi.org/faqs For those of you who don't know it, it's a machine with 256 mb ram and a 700 MHz processor for $35.
I plan to run linux on an SD card on this machine and have it act as both a htpc, VPN and media server. In regard to the media server part, I need to find some linux software that has a small footprint, but allows me to stream media to other devices connected to the internet (preferably without having to install any additional software on the client machines) Also, I would love if the video could be compressed, so the data usage wouldn't be so big for the client machine (e.g. when I'm using my data plan on my smartphone ;) )
Thanks in advance for any answers :)