It is probably a marketing coup but Dell has managed to attract maximum attention with this loss leader.
The PowerEdge SC440 is on very limited sale for only GBP 99 + VAT and delivery.
The server normally costs GBP 407, so there's some very heavy savings to be made here.
It is powered by a Dual Core Pentium E2160 based on the Conroe Core, clocked at 1.8GHz with 1MB level 2 cache.
It has 1GB DDR2 SDRAM memory and two 80GB Hard disk drives which can be RAIDed together to provide either with a boos in speed or with more resilience. You also get a one year next business day onsite response warranty and a DVD ROM drive.
There's no accessories or operating systems.
All in all, this is a very powerful computer at any price.
You can change the configuration to get something more powerful but this will hike up the price anyway.