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One of the unexpected side effects of the netbook revolution is the growth of low cost all-in-one desktop computers like the Shuttle X50. In the past, all-in-one systems took their cues from the iMac and tried to cram the most powerful components possible into a computer that was barely any larger tan a typical monitor. Now we’re seeing companies including Shuttle, Acer, Asus, MSI, and Lenovo launch cheaper all-in-ones powered by energy efficient (and cheap) Intel Atom processors.

Most of these companies offer a few configuration options on these models, but Shuttle is going a step further by offering a barebones version of the X50. The PC will come with a 15.6 inch touchscreen 1366 x 768 pixel display and a 1.6GHz Intel Atom 330 dual core CPU. But you’ll have to supply your own RAM and hard drive.

Of course, there’s not a lot of room to play with on the inside, so if you a barebones system that has room for a dedicated video card, an internal TV tuner, or other components, the X50 might not be the way to go. SlashGear reports the barebones version will be available in Europe by the end of the month for €361 or about $499 US.