you might get away with lcd4linux output to a hacked digital photo frame
basically you can get a 1.5" 128x128px keychain photo frame for next to nothing on ebay/amazon (Coby 152 is a brand/model that that seems to work, based on a well documented chip ST2205u)
I've ordered two 2.4" 320x240 photo frames from pearl.de for €30 incl shipping:
Based on Ax206 that apparently is newer and getting reasonable support.
As far as I understand it, you can't output a console directly, but some sort of widgets in lcd4linux, and push pictures with libgphoto.
Anyone else here have more experience with this?