'NetBook' - exactly.
Been looking for a replacement for my 2009 EeePC 900, and this fits the bill.
Has a decent screen, a powerful enough processor for surfing and videos, and a keyboard for some work if really necessary.
I'd buy it, if it wasn't stupidly over priced and wasn't OS locked-down. I'll wait for Asus to make a clone with the same processor, k thx.