Update: It appears the Piston is not the only Steam Box being unveiled at CES. Polygon are saying Valve will be "bringing multiple custom (hardware) prototypes" to their meetings with hardware and content developers at CES. We'll have a round-up of all the prototypes we can get information on between now and Friday, when the show closes.
Original article: Polygon has gotten a first look at Valve's Steam Box. The device, codenamed Piston, is being made in a collaboration between Xi3 and Valve and is being shown off at the Consumer Electronics Show in Las Vegas. The prototype of the Piston is just about small enough to be carried in one hand and Xi3 says it will have modular components with the internal storage, for example, going up to 1 TB and it will run on Linux.
The Piston is based on Xi3's X7A which has quad-core 3.2 GHz processor and an integrated graphics card that can reportedly run Crysis 2 just fine but is priced at a hefty $999. The price for the Piston is unannounced but it's possible that Valve will sell it at a loss to attract customers to the Steam brand.
The demo unit shown to Xi3 has an array of ports at the back: an ethernet port, 1/8" audio in/out, SPDIF optical audio, four USB 3.0 ports, four USB 2.0 ports, four eSATAp ports, two Mini DisplayPorts and finally a hybrid DisplayPort/HDMI port.
Story and images from Polygon.