I would spend the extra money and get an iBook that is still faster than that.

I'm also not a fan of clear mods, but it looks clean. I guess to some people it's worth the money not to do it themselves.
MacBook 2GHz Intel Core 2 Duo w/ 2GB DDR2 RAM & 120GB SATA 5400RPM HDD
Canon Rebel XTI
Google Cr-48 Beta Laptop