I have one of the eariler 80GB models (in finger-print loving black

) and adore this netbook! Didn't like the 1024x600 resolution, though, so quickly installed the hack to stretch it to 1024x768 even though you loose some scan lines in the process.
I had originally run Ubuntu 8.04 off a 8GB SDHC card, but found the performance hit too much to bear, so I repartitioned the HD to reduce the WinXP Home partition and from it added a Linux partition plus swap partition. I left the recovery partition and could not create any more since I had reached the max. number (four) of main partitions.
I think it's quite "peppy" while surfing the internet and working on files with application programs. I don't need it to do CPU-intensive tasks, so I find it suits my needs quite well.
I had never been a fan of laptops, but this netbook won me over: 10" screen, almost full-size keyboard, nice touchpad and buttons, enough ports, etc... (I think of it as an extremely large PDA

)
Only thing that would have made it better would have been a touchscreen,
ala tablet. There's a hack to do this, but I'm not
that disappointed that this feature was "left-out" to try it.
I can't/won't use it as a ebook reader though!