I find people's expectations of comuters amazing.
HolyMythos wrote: You should be able to listen to music, watch youtube videos and do reports with no problem whatsoever.
ARE YOU baking KIDDING ME? My PII laptop with 256MB of RAM and a basic XP install will do all of those things just fine.
If you multitask like noneother (and I mean playing a video game, listening to music, watching a movie, typing up a 50 page report, browsing the internet while talking to your buddies in Taiwan, Hawaii and Northern Ireland, and partitioning Mac, Windows and Linux) you might not want to get this computer.
I multitask like crazy, dual boot Linux and XP, I frequently have at least 10 programs running, everything you mention and more, and have as many as 20 tabs open in firefox or opera at a time. My computer runs fine. It is a 2Ghz P4 with 512 of RAM, about *5 years old*. It runs just fine with a whole load of programs open and running at the same time.
It helps to choose the right software - for instance, foobar2000 instead of Winamp, Opera instead of firefox, VLC instead of WM10, foxit or MUPDF or something instead of acrobat, etc. - better programs to use and less resource usage.
The best thing you can do for your speed is to hit "Windows-R", type "msconfig", go to the right hand tab "startup", and unclick everything you don't need. Worlds of difference. A 5 year old computer that is clean of spyware and run-at-boot garbage will run much better than a modern top spec computer that is all loaded down.
Let's bring this back to earth: For 99% of computer users, this is VAST OVERKILL. In ten years time, it will still be VAST OVERKILL.
Unless you're a professional CAD designer or computer animator, NOBODY will find this computer insufficient. Even for professionals, it's a solid computer.
If you're a gamer, drop an upgraded power supply and a graphics card in and you've got a fine rig.