With 1 GHz ARMv7 CPU, 512MB of RAM and 4GB of storage CHIP is capable of running LibreOffice suite of applications for office work, Audacity digital audio workstation for audio editing, CAD for drawing diagrams and playing a wide array of games.
The first CHIP computers shipped December 23rd, and while there's lots of traction it will take some time for a bustling community to develop around the devices.