I think it's a good value.
Becomes $305 after shipping. I'm not sure how much they charge to upgrade the memory to 2GB though.
Cons:
This model does not come with an express card slot (unlike some of its sister models)
and you will have to buy seperate lenovo WWAN card if you want built-in 3G connectivity (costs couple of hundred dollars, other branded may not work as it's supposed to be whitelisted at bios)
Their spec says 3 usb ports, but I'm pretty sure it only comes with 2 USB ports.
And yeah, the resolution is a bit sucky.
Speaker sound is bit tiny.
Right shift key is very small, so if you type in language that uses a lot of right-shift you might have to change your typing style.
Pros:
Multi touch pad is good when zooming in and out, is there any other use for that though?
Wireless N and bluetooth are nice to have
6 Cell battery is good enough for a day's work. (for me at least)
Otherwise good all-rounder I'd say.
Processor: Intel Atom processor N270 1.6GHz, 512KB L2, 533 MHz FSB
Memory: 1GB DDR-2 Memory
Storage: 160GB 5400rpm Hard Disk Drive
Screen: 10.1 inch WSVGA (1024 x 576) Anti-glare LED Backlight Display
Video: Intel Graphics Media Accelerator 950
Connectivity: Intel 5100 802.11 a/b/g/n, Bluetooth
Built in Devices: Integrated 1.3MP web camera, 4-in-1 Card Reader 10/100 Network 92% size keyboard Slim and light design (1.38kg with 6-cell battery) Multi-touch touchpad, 6-cell High Capacity battery (up to 8 hours life)
Category: 1 Year Warranty
Operating System: Microsoft Windows XP Home
Good price, the main caveat is the 576 vertical res.