The acer Ferrari line is supposed to be their highend line and thats why they Use actual Ferrari red paint; or I should saiy its actual Ferrari red paint.
Maybe Ferrari didn't pick Acer, possibly the other way around.
Granted 1.2ghz is not fast, but its a netbook and I do not recall what the fastest processor speed is for a netbook. Maybe its an older model or just part of the Ferrari line. I think current Netbooks top out at 1.6ghz, but I could be wrong.
I would agree that the Ferrari line would be better off with another brand or better Notebook, but it is what it is.