it a nice laptop and will run pretty much any Operating system. a 1gb ram stick helps it along nicely but is a pain to fit as it means dimantling the whole thing(possible, but a bit fiddly). the screen is only 600pxls high which is a bit restrictive and the keyboard is smaller than a standard laptop. the battery life is a little low, but you can buy bigger batteries if need be.(expect bout 2 hours use ish)
having said all that im happy with mine and works fine, it will run corel psp albeit a little slow when doing the bigger, more intensive actions. i can run mine tethered, connect to the net etc...
what do you want it for?