Did you mean thin client? I found this at
http://searchnetworking.techtarget.com
A thin client, sometimes called a lean client, is a low-cost, centrally-managed computer devoid of CD-ROM players, diskette drives, and expansion slots. The term derives from the fact that small computers in networks tend to be clients and not servers. Since the idea is to limit the capabilities of these computers to only essential applications, they tend to be purchased and remain "thin" in terms of the client applications they include. As software as a service (SaaS) gains popularity, it is expected that thin clients and blade PCs will replace desktop PCs in many work and educational environments. In general, they are not as vulnerable to malware attacks, have a longer life cycle, use less power and are less expensive to purchase.
if you did mean thin clinets then yes it would more cost efficient. As for administration I think it would depend of the operating system.