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Low-cost laptop in February 2010. Comments anyone?

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cranioscopical:
I want to try some things with W7 on a machine that's well away from the rest of my systems.

Principally, I want to try out some legacy stuff that I have to run. My goal is to discover what, if any, problems I'll find if I switch more systems to W7.
I'm not interested in any O/S other than Windows for reasons that are too boring to explain here.

So, I'm going to buy a cheap laptop that I don't otherwise need.

When I say cheap, I'm not kidding and I don't expect great build quality.
I don't watch movies.
I might try non-extreme games (probably not).
I do need to view and edit some .mp4/.mov stuff.

This one's on offer locally for about $500CAD (roughly $475US). I want to buy locally. That way, if any problems occur, I can just walk in to the store and have the machine replaced on the spot.

Acer Aspire
15.6-in. CineCrystal™ HD LCD display, 1366 x 768 native res.
Athlon X2 L310 cpu
4  Gig RAM
250 Gig SATA HDD 5400 rpm
ATI Radeon HD 3200 graphics
Win 7 Home Premium
The chip will handle virtualization, which is likely to be important.

Bearing in mind that the machine is very inexpensive and not destined to be used much beyond this experimental stage, I'd welcome any comments about it from those in the know.

Thanks!

KynloStephen66515:
Well...erm...i think with thouse specs your gonna be able to do pretty much what you need to do lol, thats not a bad price at all, id pay that just for that much RAM and that gfx card in a laptop haha...the 250GB HDD and the cpu/screen are just a big bonus :P

also, on a side note, when i upgraded from XP to Win7, It was pretty smooth, very few problems (just basic driver upgrades) required.

mouser:
sounds like a good plan and the acer's seem like fine machines.  and i've come to think that having a cheap laptop for testing and contingency use is something that is very useful.

the only thing i would recommend is the same thing i recommend before purchasing any pc -- look on newegg and amazon (and the web in general) for reviews of the machine you are planning to buy and make sure there are no show-stopping issues.

make sure you have a usb external hard drive to help you back up the system and move stuff back and forth, etc.

JavaJones:
I don't know what stores you have available to you in Canada, so it's hard to give a specific model for buying advice as price will vary. Generally Acer's are good little budget systems. They're not always the cheapest though. This is one option I'm recommending to local US purchasers, but I imagine Best Buy is not available in Canada?
http://www.bestbuy.com/site/Compaq+-+Presario+Laptop+with+Intel%26%23174%3B+Celeron%26%23174%3B+Processor+-+Black/9755437.p?id=1218167800811&skuId=9755437

Also, on sale for President's Day (again not applicable to Canada  :-[):
http://www.bestbuy.com/site/Toshiba+-+Satellite+Laptop+with+Intel%26%23174%3B+Celeron%26%23174%3B+Processor+-+Silver/9716078.p?id=1218158633527&skuId=9716078

- Oshyan

cranioscopical:
Thanks for the feedback, I'm taking it on board and am still listening  :)

I should have said that local availability is a large part part of the reason for putting this model high on my list.

Most reviews I've seen seem okay, except for one issue that seems to be easily resolved with an  updated video driver.

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