All these tiny board SoC's are fine and dandy, but as long as they do not have a better I/O (i.e. more bandwidth, read gigabit ethernet speeds) than the RPi; there's no real advantage IMO.
* You can already output HD with the RPi
* You can use (some) codecs at an useful speed (no need for more GHz)
* It's cheap
* It uses almost no power
* You have useful (physical) IO
* (fill in what you like about the RPi)
So what does that leave with the alternatives? More RAM and more processing power. But of what use is it, when you're still limited how fast you can bring data you want to crunch on in and out of the system only at a slow pace?And if you need a lot of processing power but have only little data; I'm tempted to say that such a small system is the wrong choice anyway.