$778, Wal-Mart
HP's laptop has a powerful processor and big storage at a good value.
Start with a 15.4-inch display - now basically a standard in laptops - and a speedy 1.6GHz AMD chip that can handle the most processor-intensive spreadsheet thrown its way.
The computer has HP's QuickPlay software for watching DVDs or TV, or listening to music with a simple interface. It's a computer designed for academics and entertainment. It also comes with a wireless networking card and Altec Lansing speakers.