Not as a main computer, certainly - but honestly, have you seen those monstrosity desktop replacements most college kids drag to class? For notetaking and writing term papers, a small, durable SSD drive Netbook would do more than well enough - anything they need to keep they can transfer via USB key to their main laptops.
While we're on the subject, how about long-haul truckers (like my kid brother)? All he needs is a Web browser, e-mail access and a spreadsheet template for logging trips that he can run as easily in OpenOffice as MS Office. A couple games and a legal way he can watch videos would also be nice...but not necessary....
The same goes for quite a few road warriors. Most of them don't really need much more than Web/e-mail access and a simple office suite, and some ways to entertain themselves during their downtime.
It seems to me that the first company to come up with a easy way to install games more sophisticated than Solitaire or Tux Chase, and a legal way to watch movies and television on a Netbook, will rake it in big....
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