I have an eee pc - in fact using it right now to browse the www - and overall a great little machine.
Nice little size for browsing the Internet, checking emails and other basic functions. I keep mine on a tray so I have a small travel mouse by the side and I can quickly pick the whole lot up and move into a different room - essential when keeping an eye on a toddler.
I can't really read from it for too long as it gets uncomfortable on the eyes. And the battery life is not long enough to be very useful for traveling far. But I'm sure many people do use machines like this for reading but how long for I don't know.