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Zero Devices is taking pre-orders for the upcoming Z902 Android 4.0 Mini PC. This little PC on a stick is about the size of a large USB thumb drive, but it’s really a tiny PC with its own processor, memory, storage, and input and output ports.

The Z902 will eventually sell for $89, but you can place a pre-order from AsiaPads now and pick up one of the first 500 units for $75. It should ship by the end of the month.

The Zero Devices Z902 features an Allwinner A10 ARM Cortex-A8 processor, 1GB of RAM,  and 4GB of storage. It has a microSDHC card slot for extra storage, WiFi, an HDMI connector, 1 USB 2.0 port, and 2 mini USB ports.

You can use the HDMI connector to plug the Z902 straight into a TV or monitor, and use the USB ports to connect a mouse, keyboard, or remote control.

The Z902 is a lot like the MK802 or Zero Devices Z802. But the new model features more USB ports and more RAM than the original models.

Out of the box it runs Android 4.0 Ice Cream Sandwich, but since the Z902 has an Allwinner A10 processor it should be able to run Ubuntu, Fedora, Puppy, and other Linux-based operating systems as well.

It’s certainly not the most powerful computer around. But it’s one of the cheapest, and it looks like it’s a little better than the MK802 thanks to the extra USB port. For $75, you could use the device as a cheap PC, a media center companion for your TV, or a toy for playing Android games on a big screen.

via Javi Metal, Android Forums, and CNX Software