It's a prior gen CPU, Intel HD video and when folk ask about this genre of machine I keep it personal and compare my Lenovo y530.
It does the internet very well and I have played 1080p content on my big screen HDTV without troubles. So this is a very nice machine over all.
The only quibble could be if anyone wanted to play current video games. That's not a good idea on these models.
From online research, I seem to have narrowed down my options to:
Toshiba Satellite P755-S5380
HP Folio 13
HP Envy Sleekbooks or Pavillion m6 (June)
But, the Toshiba seems to meet my price point, have an optical drive, backlit keyboard and decent speed.
-Intel® Core™ i5-2430M processor
-Mobile Intel® HD Graphics, 64MB-1696MB dynamically allocated shared graphics memory
-6GB DDR3 1333MHz memory
-640GB HDD (5400rpm, Serial ATA)
-Optical Drive, DVD SuperMulti (+/-R single layer) drive
-HD TruBrite® LED Backlit display with Intel® Wireless
16:9 aspect ratio, 1366x768 (HD), Supports 720p content
-Waves MaxxAudio® 3, harman/kardon® stereo speakers