MojoKid writes: Intel has officially announced the availability of their Compute Stick HDMI dongle, and has lifted the embargo on early tests with the device. The Compute Stick is essentially a fully-functional, low-power, Atom-based system with memory, storage, and an OS, crammed into a dongle about 10cm long. There will initially be two compute sticks made available: one running Windows (model STCK1A32WFC) and another running Ubuntu (model STCK1A8LFC). The Windows 8.1 version of the Compute Stick is packing an Intel Atom Z3735F processor, with a single-channel of 2GB of DDR3L-1333 RAM and 32GB of internal storage, though out of the box only 19.2GB is usable. The Ubuntu version of the Compute Stick has as a similar CPU, but is packing only 1GB of RAM and 8GB of internal storage. All sticks have USB and MicroSD expansion capability. It doesn't burn through any benchmarks, but for multi-media playback, basic computing tasks, web browsing, HD video, or remote access, the Compute Stick has enough muscle to get the job done, and it's cheap, too: $99 — $149.