This looks quite cheap for an i5.
Processor
2nd generation Intel® Core™ i5-2410M Processor ( 2.30GHz 1333MHz )
Operating system
Genuine Windows 7 Home Premium 64
System graphics
Intel HD Graphics
Total memory
4 GB DDR3 SDRAM 1333MHz
Display type
13.3 " HD AntiGlare with integrated camera 1366x768
Hard drive device
320GB 7200
Network card
ThinkPad 11b/g/n Wi-Fi wireless
Bluetooth
Bluetooth Version 3.0
Battery
6 Cell Lithium-Ion
Warranty
One year parts and labour (system battery: one year)
Nope its not cheap, compared to other recent deals from Lenovo