>My guess is that this would cost at least 80% of a similar quality laptop that also includes "computer parts" and works as an actual computer.
80%? Without cpu, harddisk, memory, motherboard and without having to cramming all of this into a small space, without heat and power management circulatory to provide and manage power for all of these things? So in a laptop, you think these amount to only 20% of the cost?
> enough processing power to decode and display the video stream arriving over radio
How much processing power did your 20 year old television set have?