I was bought this laptop for Christmas last year, and have been very impressed with its performance. It is capable of performing several functions at once without slowing down too much, it has been reliable (touch wood) and fast.
It's also really portable, weighing only as much as my handbag usually does.
The only complaint I have is that the battery life isn't the best, but that is a result of the small size and low weight, and I'd rather carry less weight and have to plug into a charger every hour and a half. It does have PowerSave settings which help a little.
It came with Vista Home Basic, and despite all the negativity about it in the press, I find it easier and more sensible to use than XP.
Particularly good functions: the card reader (5 in 1), the multiple USB ports on both sides (so I can have a mouse on a USB on one side and keep other stuff out of the way), and the built in webcam.
Recommended for those who use a computer regularly for wp, email, internet, watching dvds, listening to music, etc.