The popular SF450 is 0.79L. The EPP-200 is 0.15L. Even with two of them plus the Distro board, you'll still be smaller than the SFX unit. You also have much more flexibility about where you place the different parts, rather than a big cube for the SFX unit.
Ah, that's a shame. Let's wait and see what hdplex do..
Yes, I've looked at that one before. The length of it at 22cm is a shame, really starts to grow the size of the case beyond the bare minimum for an ITX board + ITX GPU stacked back-to-back.