My A4k is mainly just for playing old games and watching demos.
My Pegasos is used daily and I use it for listening to MP3's, watching DVD and DivX movies, programming, playing Mame (it's faster than my 1Ghz G4 Mac!), browsing the InterWeb, and all the other "normal" things people do with their computers. It is networked to my Mac and I can share files, and the Pegasos shares the Internet connection (512KBit ADSL).