HP Announces Compaq CQ61: Capable Laptop at $399
Four C-notes is about the going rate for 10.1-inch netbooks with a single-core Atom N280 processor and 1GB of RAM. That doesn't sound like much, but that's because you're paying a premium for portability. If you have trouble wrapping your head around that, then HP's new Compaq-branded CQ61 may be more your style.
For the same price as a high-end netbook, the Compaq CQ61 nets you a 15.6-inch dispay powered by a dual-core AMD Sempron M100 processor (2GHz, 512KB L2 cache). Other specs include 2GB or RAM, ATI Radeon HD 4200 graphics, a 160GB hard drive, a DVD burner, Windows 7 Home Premium, and a 6-cell battery.
HP didn't mention what kind of battery life you can expect from the CQ61 and we'd guess it to be nothing to write home about. But still, if you're not sold on the whole netbook thing, the CQ61 looks pretty serviceable at its price point.

Image Credit: Compaq