BeagleBone Black, ARM Cortex-A8 Board w/ 512 MB RAM, 2 GB Flash, etc.

[ChaosLord]

According to what I have read, the Pi has special h.264 movie playing hardware so that is what you get for watching movies.

The Beagle#? boards are more for controlling devices with all those I/O pins.  Like you can control lights, robots, electric trains, burglar alarms, nuclear missiles and other fun things.

[ChaosLord]

Ouya is also giving Raspberry Pi some competition.  So are lots of other $99.00 and less ARM computers.

You can also go crazy and buy top of the line $600.00 systems like Samsung Galaxy S4 with a built-in 1920x1080 touch screen, gps, cellphone, radio, compass, everything but the kitchen sync.  And you get a very nice quad-core ARM CPU @ around 1.6Ghz per core + a fancy 3D floating point math core for 3D gamez,  1 GB RAM, etc. etc.

Its a whole lot more than a Pi but it has a built in touch screen and those are expensive.  It also has a massively better CPU.

There are a great many ARM based computers to choose from that can run Linux and/or Android and/or something else.

Arm is everywhere.