For a company that's trying to divest itself of the PC business, Hewlett-Packard's pumping out quite a few machines -- today, the company's introducing a whole new lineup of seven all-in-one PCs. To start off, there are a pair of budget computers (the HP Omni 120 and HP Omni 220) and a pair of business terminals (the HP Pro 3420 and TouchSmart Elite 7320), but we think you'll be most interested in the company's consumer offerings -- the TouchSmart 520, 420, and 320 apply the Intel Sandy Bridge and AMD Fusion formulas to a clever new frame.

Instead of having a huge foot or a hefty rear leg, the new TouchSmart lineup has a pair of rounded arms attached to a svelte low-profile base, which still allows the touchscreen computers to tilt backwards up to 30 degrees. That's admittedly not quite as impressive as the 60-degree cant of HP's TouchSmart 610, but it looks pretty stylish anyway and it seemed sturdy and strong. Pics, specs, release dates and video after the break!

First off, the TouchSmart 320 will start out at $599.99 this October 2nd. It's got a 2.4GHz AMD E2-3200 chip with AMD Radeon HD 6370D graphics powering Windows 7 on its 20-inch, 1600 x 900 touchscreen LCD, with 4GB of DDR3 RAM, a 500GB 7200RPM hard drive, Beats Audio, and the standard array of connectivity in a 20.8-pound package.

We're waiting on documentation for the TouchSmart 420 which arrives September 11th for $699.99, but we can tell you this -- it'll have a 21.5-inch touchscreen LCD, an Intel Core i3 processor, 3GB of memory, a 500GB hard drive, Beats Audio and Intel HD graphics.

The 23-inch TouchSmart 520 is at the head of the class -- $899.99 buys you a 3.1GHz Core i3-2100 CPU, 4GB of DDR3 RAM, a 750GB hard drive, HDMI input and a slot-loading Blu-ray Combo drive to play nice with the 1080p touchscreen LCD panel. It'll also have Beats Audio, a coaxial input for TV signals (assuming you opt for the TV tuner) and an IR remote control, and can be specced out with at least a Core i5 processor, 8GB of RAM and 2TB of storage.

Interestingly, the TouchSmart 520 and existing TouchSmart 610 can be outfitted with an external subwoofer to add some audio oomph for $150 more; the HP Pulse, as it's called, will arrive September 21st.

"We aren't slowing down innovation," HP's head of public relations told us, suggesting that the company was as committed to the personal computer as ever. It's hard to take HP at its word there, but at least the firm isn't dropping the computer quite as quickly as it did the Pre and TouchPad.