LG just unveiled its first small desktop computer dubbed the XPION X30. It’s powered by the NVIDIA ION graphics chipset which can easily handle HD video playback as well as graphically demanding applications, even running on an Intel Atom 230 1.6GHz processor.

Along for the ride are 2GB of RAM and a 250GB hard drive. It’s powered by Windows Vista, but will likely come with Windows 7 very shortly. No word on price just yet. The name, XPION suggests that it would run XP, which is strange. We suspect that there may be another version of this one soon.