One thing everyone forgets...
...Is who this product is actually aimed at. New users. Who are, these days, very thin on the ground, as even schoolkids have a fairly good grasp of how to use a computer. So I can see the target market for Win7 SE as very small to begin with, which will only get smaller.
99.9% of the people (or trolls) who leave comments here will never consider buying such a product, so slagging it off seems rather petty and cheap. If it is indeed as dire as people make it out to be, then sure, no-one will buy it. But maybe thats the point? There IS a cheap option, but it might not be the best, so everyone will avoid it anyway. You patys yer money, you takes yer pick.
So far, the whole 'No DVD software' argument has made me laugh. How many netbooks has anyone seen with a DVD drive, and how many people will bother to lug a USB one around with them? If you're going to rip your existing media to a portable format, you dont need specific DVD software to play it back, just anything capable of MP4. So yeah, thats no problem, unless you WANT to make it one.
No customisation of the interface? To be fair, if you're going to make a netbook choke with extra detail then fair enough, I cant see many people wanting to slow their already underpowered machine down even further, but there are some people out there even stranger than apple fanboys, so who knows? And no Aero? Hooray! Again, less baggage for the already underpowered Atom to have to carry and burn battery over.
Ok, onto the more recent stuff... no XP mode. Hmm... as long as your browser works... and your media player works... then is there a problem? Is there? Really? A netbook is not a desktop replacement, nor is it even a serious laptop replacement. Its for basic apps, and the internet. The sooner people stop treating like its a 'proper' machine, the better.
No word processor... Go get openoffice, you numpty. Or use notepad. Or even wordpad.
And no web browser? Nah, cant actually see that happening, not on something thats very reason for being is net access. You'll have one in there somewhere, even if its basic and utilitarian. And c'mon, if you're worried by any of the above points, you've already got linux or something lined up and ready to go on there, or at the very least Firefox on a USB stick, so what ARE you whining about?
So there we go, its not hard. I get the impression people like to whinge about these things because they think its actually a big deal. Its not, and never will be. Not unless you actually WANT to buy one of these things with SE on it. In which case you're not allowed to complain EVER.