This seems to me to be a reasonable price for a good quality laptop. The price includes delivery, a 2 year guarantee and 90 days telephone support. Its from John Lewis so the customer service should be excellent if anything does go wrong. JL don't do Quidco.
Downsides are the hard disk is a little small at 160GB and it only has Vista Basic, so you won't get a free upgrade to Windows 7. However, from July 15th, you can preorder Windows 7 for £50 if thats important for you.
play.com have a similar model with a 1 year guarantee for £400. At pcworld.co.uk its £450 with a 1 year guarantee (also with 4GB memory and Vista Home Premium)
The superb value, entry level Toshiba L300-227 is equipped with a 15.4 Trubrite widescreen display, an Intel 2.16GHz processor and 2GB of RAM. Theres plenty of room for your files, photos, music and movies thanks to the large 160GB hard drive, and you can play and burn CDs and DVDs with the multi-format SuperMulti Drive.
Battery life: Up to 2.5 hours
Can play - and normally record to - CDs and DVDs DVD SuperMulti Drive (dual layer)
Computer Software Helpline. We offer access to a 90 day helpline when you buy a new desktop or laptop computer from John Lewis. The service is available for a period of 90 days from the date you make your purchase.
Dimensions H37 x W365 x D269.5mm
Intel Graphics Media Accelerator 4500M graphics
FREE 2 year guarantee, extend to 3 years £145
160 GB Hard drive
ModemConnects to the internet via a telephone line 56k
Windows Vista Home Basic
Intel Pentium Dual Core T3400 2.16GHz,. 2GB RAM
1280 x 800 15.4" screen
3x USB 2.0 ports
Software: Microsoft Works, Microsoft Office Home and Student 2007 (free 60-day trial)
McAfee Internet Security Suite - Toshiba Edition (includes free Internet updates for 30 days)
Toshiba Disc Creator
Toshiba User's Manual
Supervisor Password Utility
Chicony Camera Assistant Software
Toshiba DVD Player
Ulead DVD MovieFactory
Toshiba Face Recognition
Toshiba Recovery Disc Creator
Toshiba Value Added Package (Toshiba Power Saver, Toshiba Zooming Utility, Toshiba PC Diagnostic Tool, Toshiba Flash Cards, Toshiba Components Common Driver, Toshiba Accessibility, Toshiba Button Support)
Google Software (Google Toolbar for Internet Explorer, Google Desktop, Picasa)
Toshiba utilities and drivers