Michael Dell has unveiled a tiny new “Eco-PC” that comes complete with a bamboo case. In typical Dell fashion, the chairman of the computer company touted the new PC as a real innovation.

We just listened in on Dell CEO Michael Dell’s speech at the Fortune Green conference, during which he showed off a “never before seen” eco-inspired computer with a bamboo casing. Dell said the computer is 81 percent smaller than a standard desktop, uses 70 percent less power and is filled with recycled materials like old bottles, milk jugs and detergent cases. While Dell wouldn’t give the name of the bamboo box, he said the product would come out later this year and would likely range in price betwen $500 and $700. Check out our pictures of the ecoputer.

So far details are sketchy. With the price in the $700 range, let’s hope it has more features than a bamboo case.

First impressions of this product leave me flat. What do you think? Is Dell really going green with this PC or are they just trying to cash in on the eco-friendly market?