Basically, this concept machine takes a low power computer and shoves it inside a somewhat standard looking projector. This lets you project the PC display on any white screen or even a ceiling. Instead of carrying a laptop and projector with you to a meeting, you could just carry the Projector PC.
The system can handle up to 60 inches of HD video playback.
According to Gizmodo, the PC packs an Atom processor and NVIDIA ION graphics. It also has HDMI output, Ethernet, 4 USB ports, mic and headphone jacks, and a DVD player. The Projector PC is only a concept for now and may never make it to market.