Given its power requirements and lack of anything wireless, I have a hard time buying the IoT moniker. I could see people using this as the guts of a MAME cabin

Given its power requirements and lack of anything wireless, I have a hard time buying the IoT moniker. I could see people using this as the guts of a MAME cabinet or an extra-beefy XBMC client, although a $35 raspberry pi would probably suffice just fine for both tasks. I wonder if you could underclock the K1 enough to go fanless. Though given that the SoC is soldered directly to the board and is probably impossible to find a replacement anyway, messing it up basically makes the entire $200 board worthless. Kinda risky just to reduce noise and/or eliminate moving parts.