Acer Aspire i5-450M 2.4GHz, 4GB RAM, 14.0 HD LED LCD, 320GB HDD (just got it replaced 3 months ago, still under warranty), DVD drive and comes pre-loaded with 2010 Microsoft Office. Computer is <2 years old.

Only problem is that battery life is a bit short (50-55 mins on full charge). You can buy a new battery for $30 and 1 or 2 buttons on the keyboard require you to press down slightly harder maybe 5% of the time, but it doesn't bother me at all. (New keyboard costs $40) Otherwise, laptop is in excellent condition.