Intel® ULV Core 2 Duo SU7300 Processor, 13.3" HD Screen, Windows 7 Home Premium Edition, 4GB RAM, 320GB HDD, Integrated Graphics, USB DVD Rewriter, Bluetooth, 8 Hour Battery
I think its been around this price for some time. However, it still is a good price for this laptop.
Please note that is is a Core 2 Duo.
Although I would question the 8 hour battery life quoted!