That's what I figured and feared. However, I agree that the onboard integrated graphics (i think Intel X3100) will probably suffice. I'm pretty sure that I read that x3100 can do 1080p video playback through HDMI. Also, if there are two SATA ports, that would be awesome! Could anyone confirm this or send me to a link that would have the info?
Another thing that occurred to me, could I perhaps remove the processor/hdd/ram and use a better motherboard?. I think that the socket is Socket P (for the core 2 duo T7250) but I can't find any mobo's on newegg for that socket. Am I looking for the right thing?