A large part of the original Ethos of the Raspberry Pi foundation is to bring back some of the technology fascination and allure that children in 1980's Britain experienced with the BBC Micro and Acorn computers (which ultimately led to today's ARM).

We can assume the 500 is meant more as a nostalgia 'one-computer-for-every-child' design more so than a powerful work house for developers.

yes, but without us, who will teach these children to piss and moan about everything!?

this device would make a very practical workstation for developing Raspbery Pi software for little embedded RPi projects.