A mate of mine gave me a demo of his 4gb 7" screen model at the weekend, I've always hated the whole Linux thing but I was well impressed with it.
I didnt think it was slow at all, it booted and shut down incredibly quickly, browsing was as fast as anything else I use.
OpenOffice was very quick to open
The speed at which it dealt with BBC iPlayer was well impressive, Open Office handled any file format I cared to chuck at it, it even has a PDF writer built in and a web cam with Skype pre-loaded
Superb bit of kit for anyone travelling around, especially if you stick on one of those USB2 Laptop Drive Caddys and run a proper hard drive you can take all your music and porn with you for those lonely nights in cheap hotels.
Has an external 15 pin vga connector and 3 x USB2's so you can easily connect a wireless keyboard and mouse, the wireless LAN seemed fast enough but there is a wired option.
Jeeezaz what are you people expecting for £199 ?