Qualcomm-Atheros AR9331 based systems, with 64MB ram and 16MB flash (kind of hard to get in that config cheaply). You can get decent performance, potentially hang a 5.8/2.4ghz radio on it too, and power it off a single laptop USB port (200mA normal power use, and with stuff, still less than 500mA.) Can put second ethernet, wifi, 3G, etc. there. There's no current commercial hardware in this space which is perfect. That should change shortly.
Much beefier systems with "real" amounts of RAM and flash. I generally skip the Broadcom/RPi/etc. and go straight to an Atom or i3, but that's just for convenience, since I only need a small number of them. There's probably something more reasonable to do in the embedded space, but I'm indifferent on qty 1 devices between $500 and $200, especially if I already have most of the components for the $500 thing lying around, and it saves me an hour or two getting it working.
There are a lot of things missing from widely available commercial hardware in this space right now.