The 700 series of compaq laptops was junk. The 900 series is much nicer. The new 2100 (AMD based) are very good machines. While the centrino based coupters are very good machines, if you get an AMD, the Sony FR130 is tough to beat..... KN266 chipset (same memory controller that the KT266a) plus discrete graphics (GeForce 420 Go). Granted, not the best graphics card, but because the memory bandwidth is not shared, you get a potent machine.
The ATI chipset is the best bet for mainstream computing. The Sony will do OK for your applications. Remember, the KT266a was the king of the hill for socket A during several months.... the kn266 is the same memory controller, which beats the IGP320 handily. Just replace the standar hard drive with a travelstar 40gnx and you got some serious toy.....
I am surprised by the fact that there are NO reviews of the Sony laptop powered by AMD. If you get the Sony, you can be the first reviewer to provide some benchmarks
For less than $1300 it is a great machine.