Sorry for the lack of input, but nearly any distro will work for you. Your choice or arch is very good as it will provide a fast small installation.
It you will be using it to consume media locally then I would like to recommend installing xbmc ( http://xbmc.org/ ) onto the system for a clean interface, xbmc is in their repos and you can find an installation guide at https://wiki.archlinux.org/index.php/XBMC


