I am hoping to get a Raspberry PI and put together an IO board. Video will be overkill but apparently that can be scaled down to conserve power.
I probably won't use one of those, but probably something similar (Linux/ARM).
There must be something somewhere cheap and cheerful. I was looking at the solenoids for water intake on a washing machine but these would require power while in operation , which is against one of my design briefs/requirements.
Probably one of battery TRV replacements is likely to be the best bet I'd have thought - it's the most mass-market product and hence is likely to have the lowest price I'd have thought.... No doubt it'd be possible to do better cheaper, but probably only when you're talking about making 10000 plus of whatever sort of design you come up with!
Tim.