I am using this laptop for 2weeks now, for watching movies from hard disk and streaming movies from Internet, it's attached to my big LCD TV, you can use HDMI or VGA cable. The 1GB is not acceptable, so I recommend to buy it with the 4GB (additional 25$ only) immediately during ordering the laptop. Until I installed the 4GB it was pain, very slow.
Now the speed is ok. I also bought wireless remote controls for laptop - keyboard and touch pad in one, to control the laptop from sofa :-).
The laptop keyboard is very comfortable, better than on my 10in Eee. Now being able to use 10in Eee and 12in Lenovo, the few extra inches are deeply appreciated during typing and the laptop is still very portable.
I recommend to buy it with 4GB.
Update after 6 months:
There is still no issue with this laptop. It's perfect. I am using this laptop primary for online movies and streaming from web and is conected to my LCD TV and home cinema system. Secondary I am using this for web surfing, emails, Facebook, not really for games. This is good quality and budget laptop for all my daily things I need....
The only issue, which I new upfront, is the short battery life which is only 2-2.5hr compare to 4-5hr of my wife's Assus Eee, with much stronger baterry of course. I am thinking to upgrade the battery if I see a good deal...
I can again after 1/2 year to recomend this laptop to anyone...
Update 03NOV2012:
Still no issue with this laptop. it is working well. I am considering "non branded" stronger 6cell battery thoug, the 3cell bat last for about 2hr only.