I run my Calibre database of 1800 books on a netbook. Sure, it's not quite as fast, but still definitely adequate based on the things that it does.
Collects metadata from the web
Allows multiple formats for a given book
Converts to a variety of formats
Provides multiple ways to view your ebook collection
Allows plugins to deal with DRM
Connects to multiple devices
Has good drag and drop functionally
For me, this is a fabulous program that greatly simplifies organizing my ebook collection.
cheers
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