Valve was widely thought to have backed the Xi3 Piston micro PC - often dubbed "Steam Box". However, Valve's Doug Lombardi has made clear that the Seattle studio no longer has any involvement in Xi3's dealings.
In a statement sent to Eurogamer, Lombardi simply said, "Valve began some exploratory work with Xi3 last year, but currently has no involvement in any product of theirs".
Pre-orders on the Piston began at SXSW over the weekend, starting at $999.99, a price-tag that has caused some confusion out there in social networking land. Many commentators say the price is too high, while others seem excited regardless.
We've got the first trailer for the Xi3 Piston here:
What do you make of the above?