I am in the market for that kinda budget as well, mainly looking at netbook for the missus to use. At the same time I do not want it to be darn slow like the atom units out there.

I have shortlisted to these 2 - lenovo s205 & hp dm1-4200.

My dilemma is that the hp have the latest processor but the design is known to produce heat at places... i probably go for the lenovo based on that, what a waste, i would've liked the slight improvement by the new cpu power