One one hand the CPU is weak. This has no more CPU power than an HP I bought for $350 in the summer of '07. On the other hand the battery life is very good and I suspect for most light duty jobs this won't seem slow. I have the Lenovo X120e which as basically the same APU. The x120e has no trouble with web surfing. Thanks to a decent graphics card it really does most tasks just fine. It feels faster than my old HP thanks to the old computer's lame Intel GPU. I think the HP used the same 945 chip set that later was in the Atom powered netbooks.
So what about non-graphics jobs? Most of the time I don't notice but I will confess I do only a few CPU intensive things on this computer. It rips CDs just as fast as my other laptop with a Core 2 Extreme X9100 CPU (a CPU that compares nicely with the model i7 chips). I suspect that CD ripping speeds are all about the CD-ROM read speed, not the CPU. In Matlab it was about 1/4 as fast as the X9100 chip. That seems to tally well with other CPU performance metrics. Basically you can use it to do photo editing and the like but it will be slow. Still, if it's only every now and then that's probably fine.
I have played games in it. It plays Halo 2 without trouble. Not the latest of games but still not bad for a chip set in a $280 computer.
All and all if you want just a basic laptop with good battery life I suspect the Acer would deliver. I state this based on experience with a computer with the same size battery and APU, I can't say if the Acer's build quality etc is worth anything.
Two more things.
1. In many states this will be tax free which is nice for those in states with high sales tax. I saw $10 for shipping. Not free but not bad. Of course you do have to put up with a rebate...
It may seem like a good deal, but Acer's will die on you after 2-2.5 years. complete junk! spend an extra $100 on another brand and you won't regret it later!
Your many be right about Acer reliability (never had one) but an extra $100 is over a third more to the price and really, that doesn't ensure reliability. I could but that extra $100 into a different Acer. There is a low buck Compaq with a Celeron that would be an alternative to this for the same price. Likely has more CPU (one of the few times a Celeron is "more", less battery life and less graphics... and tax).
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