First of all, I was comparing a mobile to a desktop CPU. The one you are looking at is a P4-M, not a desktop CPU. There is a huge difference.
Did you look at the PCWorld top 15 link I posted above? You'll see that every single one in the list is a P-M Centrino. I went ahead and compared two that might interest you (I found the P4-M doing a search on their site since it wasn't in the top 15):
1) HP Compaq Nc6000 1.6GHz Pentium-M 725, 512MB DDR 333 RAM, 60GB hard drive
2) Dell Inspiron 5150 3.06GHz mobile P4, 512MB DDR 333, 60GB hard drive
The 1.6GHz Centrino outperformed the 3.06GHz mobile P4 by as much as 10% (in the PC Worldbench 4 score - 125 to 115), had more than 1.5 hours longer battery life, and now costs around the same price. The mobile P4 MHz rating is very misleading. A 2.8GHz mobile P4 is about as fast as a 2.2GHz P4 Desktop (533MHz FSB).
Just some food for thought. Either is a good buy, and if you're not as mobile, then go with the better deal or consider a desktop instead to get more for your money. You can easily get a name-brand P4 3GHz Desktop for around $1000 or less which would smack both laptops in overall performance.
~cdogg
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