Even after our hands-on of Sony's new VAIO LT19U, we'd go with Apple's iMac for a general purpose all-in-one. If, however, you're considering one of those monstrous pseudo-laptops from Dell or HP, you'll find the VAIO LT19U offers many of the same features, and with a $2,999 price tag that's a relative bargain. As with most of Sony's desktop efforts these days, this new all-in-one is a niche product to be sure. Still, we imagine a handful of well-heeled shoppers might take interest. If you fit into that category, and you don't need portability (practical or otherwise), the VAIO LT19U should be first on your list when it goes on sale in October.

As we said, the VAIO LT19U can't compete with the iMac as a basic computer. The 20-inch, 2.4GHz iMac we reviewed costs $1,649 (counting the extra memory), making it much less expensive than the $3,000 VAIO LT19U. But even the 24-inch, 2.8GHz Core 2 Extreme-equipped iMac starts at only $2,299, giving you more monitor and more processor for $700 less than this new Sony and its 22-inch wide-screen display and its slower, 2.2GHz Core 2 Duo T7500 chip. Given the iMac's better core specs, it's hard to argue that Sony's Blu-ray drive makes up the difference. Our handy chart outlines the differences between the Sony and the lower-end iMac that we reviewed. Even here you can see some disparities in Apple's favor, although, again, no Blu-ray.

If Apple takes the mainstream ground, leaving a specific HD-capable niche to Sony, we should also consider the various HD-equipped laptops out there, especially the larger ones such as Dell's XPS 2010 and the HP Pavilion HDX. Those two models are portable in name only, as their size and modular design severely limit battery life and on-the-road usability. For the Dell, a Blu-ray-equipped XPS 2010 starts at $4,400, and you get an out-of-date graphics chip, less memory, and a smaller hard drive. The closest we could configure HP's more recent Pavilion HDX brought the price to $3,475, giving Sony the advantage there as well. Of course, Dell, HP, Toshiba, and others all offer 17-inch laptops with HD movie capabilities. As you go smaller, you gain portability, but even those systems also cost more than the Sony. If you're looking for a self-contained Windows system for primarily home entertainment purposes, we don't think you can find one that competes with the VAIO LT19U in price or features.

Performance, however, is another issue. Sony maintains the price and features lead, but it's also a fixed configuration. Laptops offer at least some flexibility, with faster CPU and graphics chip options, and you can also find desktops that give you more speed for your dollar. The Pavilion HDX and Alienware laptops in our comparison charts each cost over $4,000, so it's perhaps no surprise that they can beat the $2,999 VAIO LT19U. But the Pavilion m8120n is a desktop that only costs $1,150, and in the online model you can upgrade its 3D card, add-in a Blu-ray/HD-DVD combo drive and a 22-inch wide-screen LCD and still keep the price below $2,500. The VAIO LT19U is not a terrible performer, and it can even play a game or two. We just wouldn't depend on it as your primary system for digital content creation. For those tasks, the iMac shines brightest, especially considering its price.

But what the iMac can't do is play Blu-ray movies. Yes, you're limited to 1,680x1,050 screen resolution with the VAIO LT19U, which is shy of 1080p, and means that your video image will always look a bit soft due to downscaling. Still, from a reasonable distance, say, 6 feet or so, we found the playback quality clear and sharp. Sony added a 5-watt subwoofer to accompany the two 3-watt speakers, although however full the sound, it doesn't overcome the fact that it simply can't get loud enough. Thankfully, there's an optical audio output, although using it sort of defeats the purpose of an all-in-one computer. There are no separate video outputs, so you can't pipe movies out to a larger screen.

Blu-ray is also not the only feature that Sony has that Apple does not. The new iMac is a more closed system than ever, with no visible seams on the case except for a small door on the bottom for adding RAM. The VAIO LT19U actually invites some user modifications. The smooth back panel pops off to reveal a secondary layer that's pocked with various screw holes and access bays. Mostly it leads you to two unique design elements. The first is screws for VESA-standard mounting hardware, which we're most excited about, because we can easily imagine sticking the VAIO LT19U on a wall in your den or bedroom. The other highlight is a removable sled for a second hard drive. With the dawn of Windows Home Server this fall, we're less enthused by extra internal storage, but the idea is still worthwhile. It could use one less screw holding it in place, though.

The VAIO LT19U has a few other features the iMac lacks. One of our criticisms of the iMac has always been the lack of a media card reader, and we're glad to report that this new VAIO has Memory Stick and SD Card inputs, as well as PC Card and ExpressCard 34 slots. We would have happily traded either of those inputs for an integrated ATI Digital Cable Tuner, rather than the clunky external model that really disrupts the otherwise clean profile of this system. The standard ATSC and NTSC TV tuners are both integrated, however, and while we don't love analog TV on the PC, all of the various tuners come standard with the VAIO and don't require an external third-party upgrade like the iMac.

What we wish Sony did include was Bluetooth. Instead, the VAIO LT19U relies on RF wireless for its mouse and keyboard. Sony said that it wanted to spare users the irritating Bluetooth matching process with Windows, which has actually gotten better lately. We miss it more for sending data to and from your various mobile devices. At least the RF receiver is integrated into the system, preserving the clean profile. Sony's input devices could also use a bit of sprucing up, as their clunky, plasticky design doesn't compare well against Apple's new keyboard, especially.

We also found Sony's software bloat annoying, and even more so with the LT19U than we did a few weeks back with Sony's TP1. In addition to a handful of shortcuts cluttering up the desktop, Sony had the poor taste to include a separate floating bar above the Windows task bar with offers for all manner of nonsense, from casual games to extended warranties. You'll find a few useful links to system tools in there as well, but mostly it feels like the built-in ad bars on one of those old giveaway PCs from a few years back. You can close the bar and even remove it from the system, but this ill-conceived implementation makes Sony the new leader of the purveyors of shameless crapware.

Along with the built-in ads, Sony also includes a few actual useful tools for maintaining and navigating your system, you just need to wade through a lot of redundantly named Start Menus to get to them. Otherwise, your service and support options from Sony are only average. You get a one-year parts-and-labor warranty, toll-free phone support from 8 a.m. to 5 p.m. PT, Monday through Sunday, and a variety of resources on Sony's Web site.