I got this a few weeks ago for $299 for my daughter. Not bad so far, FYI though the C drive for the OS is only 30GB I think and the D drive has the rest of the 300 something GB. Not a big deal, but I had to remember to change the default install locations for programs so as to not fill it up. No CD-Rom drive, but light weight. It does come with a zippered sleeve.
Win 7 allows you to expand a partition. You could probably expand that 30GB a bit... I like to leave my C partition around 40-60GB depending on what the machine is going to be used for.
You could also look into moving the swap file to the D drive.