Microsoft has patented an intelligent smartphone dock that could be used as a basic PC with full-size peripherals.  Just dock your phone into this cradle, which would connect and integrate to a keyboard, mouse, monitor, etc.

While the idea of using a smartphone – which already contain more processing power, storage and multimedia functionality than some netbooks and certainly early desktop PCs – as a docked central processing device is not new, Microsoft’s intelligent cradle system is.  The cradle would have its own CPU, memory and embedded OS, responsible for the peripherals’ drivers and translating the signals from phone to external hardware (and vice-versa).  An example would be a video stream, downloaded by the smartphone and then translated by the cradle into commands that a display or connected projector can handle.

[UnwiredView via SlashGear]