Hard disks with ridiculous storage have become not expensive these days, really cheap. Many entry-level desktops and laptops are now equipped with 500GB +. Then why HP announced a machine with just 32GB of storage at CES? Because they want to make things cheaper. By using the cloud.
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32GB is all you need for a streaming box. If this is meant to take on Roku and other streaming boxes 32GB is all you need.
I love this little device, i can run steam to my TV now!