Calling on clever computer people

I'm looking for a cheap, but adequate laptop computer, to use as a second machine just for browsing the internet/emailing (i.e. the machine will not really be punished) downstairs (so WiFi is a must). Due to an arrangement between our company and a major PC Supplier (Where in the world could you find an arrangement like that!?), I have the opportunity to purchase something like this:


HP NX6125 Notebook
SEMP 3100+ (1.8) Processor
256Mb Memory
40Gb Hard drive
COMBO Drive (DVD/CDRW)
15" Screen
Windows XP Home

"The HP Compaq Business Notebook nx6125 notebook PC series combines mobility, affordability and connectivity, offering a smart mobile office notebook for cost-conscious professionals. This thin and light notebook provides the right balance of key features to help handle your versatile business needs, combining proven technology and long battery life so you can achieve maximum productivity without compromising your budget"

The price of this little beauty would be £339.58 (inc. VAT).

So.. opinions? Is this worth a punt, or can someone suggest something better for similar cash (wouldn't want to pay much more to be honest).

Any info appreciated