No reason it shouldn't work, being based on the nvidia ion chipset. I have one myself, but I'm not going to use it as a media director - I'm just going to buy an ion board and mount it in a custom case behind my monitor - cheaper. Still, have a look at the stuff on getting ion boards working (theres a lot on here) - they're all pretty much the same.
My understanding is that 8.10 makes things a lot easier. when I start my install shortly, I'll be going straight for that version.