I'm talking about using one of these android boxes and connecting it to a monitor, a pair of computer speakers, a mouse, a keyboard, etc. and using it instead of a standard Windows PC for watching movies, listening to music and also for surfing the internet, sending and receiving e-mails, playing some video games, reading and editing documents and images, etc...
Is this feasable, and what would be the best android box for this?
Get a Chromebook or Chromebox.
Don't waste you time with Android trying to do PC type activities. It will be a frustrating, compromised, underwhelming experience.