Medion has announced the launch of the Akoya P7300D, a "fully-featured" desktop PC that will go on sale at budget supermarket Aldi for a penny under £500.

The PC gets a 2.33GHz Intel Core 2 Quad Q8200 CPU, 4GB RAM, a 1TB hard drive and an Nvidia GeForce 9600GT graphics card with HDMI and DVI outputs.

There is a dual-layer DVD rewriter drive, triple TV tuner including analogue, DVB-T or DVB-S feeds and a digital PVR function that enables the recording of up to 600 hours of television.

The PC comes bundled with a wireless keyboard and mouse, while connectivity comes in with an eSATA port, one Firewire connection, one S-Video-in, VGA and eight USB 2.0 ports.

The P7300D comes with Windows Vista Home Premium Edition with the new Media Center interface. The 32-bit version is pre-loaded, with the 64-bit version included on DVD.

There's also Medion's Home Cinema Suite, Nero Burning ROM 8 Essentials, Nero Recode 3SE Essentials, Nero Express Essentials and Nero Vision Essentials, Microsoft Works 9.0, Microsoft Office Home and Student 2007 trial edition, Corel Draw Essentials 3 and Corel Media One along with a BullGuard Internet Security Pack 90-day free trial.

The Medion Akoya P7300D will be available from 27 November in Aldi stores nationwide.