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Stellaris Launchpad | GeekDad | Wired.com
There's now a "computer" cheaper than the Raspberry Pi. The Stellaris LaunchPad from Texas Instruments, an ARM-based single-board kit that sells for only $13.
The Stellaris LM4F120 LaunchPad kit includes the evaluation board and a USB cable; all the software and documentation necessary to program the board is available as a free download from TI.