The 800x480 screen is pretty much a deal-killer for me. I'd gladly replace my Lifebook P1120, which is down right now anyway, with this if it had a 1024x600 display. I can put up with the limited onboard storage, and the lack of Bluetooth, but browsing on a 800x480 is not good enough for many websites.
Do you know this for a fact ? Have you actually tried it ?
It is more opinion than fact, but yes, I have tried it. I have both a Nokia 770 and a Libretto 100CT with 800x480 displays and have browsed the web with them. IMO, while tolerable for quick things, longer uses (say over lunch) the horizontal scrolling gets to be annoying, and is even worse for Flash based sites that expect 1024x768. While likely a huge step up over browsing the web on a VGA Zaurus(I've only had a QVGA Z in the past, so I can't say), it still has limitations for my usage. Even the reply window on this forum is bigger than 800 pixels wide. Switch to 800x600 resolution and size a Firefox window to fit that, you might be surprised how limiting it can be with some websites.
I'm still contemplating purchasing it anyway, as my Lifebook is still down, and I'm not sure I can revive it. Around $300 to replace it with another P1120, or $400 to get a serious step up in processing power and RAM, but with a lower resolution display.