I'll cop to posting a lot of Netbook deals these days, but that's only because the deals just keep getting better. Witness Mwave's latest: a refurbished Asus Eee PC 1005HAB 10-inch Netbook for $239.99 shipped.
(Don't be alarmed when you see $249.99 on the product page. You need to apply coupon code FALLSVG09 to get the lower price.)
This midnight-blue Eee PC sports a 10-inch screen (which I consider the minimum for computing comfort) and the usual core-spec suspects: a 1.6GHz Intel Atom N270 processor, 1GB of RAM, a 160GB hard drive, and Windows XP Home.
The Eee also features a Webcam, 802.11n Wi-Fi, and a multitouch touch pad, so it's actually a bit ahead of the curve, spec-wise. Only the three-cell battery disappoints, though Asus promises better than 4 hours of runtime.
Because this is a refurb, the warranty tops out at 90 days. (Also, take note of Mwave's return policy: the Eee can't be returned for a refund, only exchanged for a replacement if it's defective.)
Consequently, you might actually be better off with, which is new and has an 11.6-inch screen.
Still, not everybody who wants a Netbook wants a Netbook that big, and $40 saved is $40 saved. (How profound am I this morning!) I just think it's remarkable how much further your Netbook dollar goes than it did just six months ago.