Perfect Net Books
I've an Asus eEe along with a standard notebook and a variety of desktops. The netbook gets used on bus or train journies so it's been subject to quite a bit of battering. It mainly gets used for word processing whilst on the use and I don't notice the lack of power re games (rather boringly, I don't generally play them :-/).
I've used it to play streamed TV shows and radios and while the speakers are awful, the sound itself is actually quite good (through earphones). Given the fact that even CD/DVD installations are quite rare these days, the lack of a DVD player hasn't been a problem.