I have thought of doing this mainly for Christmas time, but now that I have aspirations of being able to control the power consumption in my network. To do this, having an IP controlled power strip, either controlled from WiFi or from Ethernet (Ethernet preferred), I will be able to turn off equipment at will. Since I need to have some waiting periods, it should have an intelligent aspect to it to be able to wait until certain events have happened before the power is switched off. In addition, the reverse is true as well, so I see multiple components working in conjunction with each other to provide an overall solution.
UPDATE: rejuvinated
