Actually I managed to pick up an Acer Aspire 2920 with 12.1" widescreen (1280x800 res) with a Core 2 Duo 2Ghz, 2GB Ram and a 250GB Hard Drive from Comet for £350 (managers special reduced from £400). I'd say that's a pretty reasonable sub notebook.

If HP release this in the UK for about £300 AND it has a decent size keyboard then I'm sure it'll be snapped up. Hopefully it will have a Linux option as well as whatever Microsoft peddle.

Rob