When the HP dv2 came out, many wondered if it was a netbook or an ultra-portable. On the one hand it has a 12 inch screen and an efficient AMD processor. On the other, it has much more power than most netbooks, and its $550 dollar price is quite a bit more than, say, the HP Mini 311.
No matter on which side of that argument that you rest, however, there is no denying that the HP Pavilion dv2 is a very nice laptop. It features a brilliant 1280x800 display and a nice, nearly full-sized keyboard. It is powered by an AMD Athlon Neo processor which offers better performance than many laptops of similar size and price, and that processor is backed up by two gigabytes of RAM. And then there is the video, which comes courtesy of an ATI Radeon Mobility 3410. The Radeon Mobility 3410 is on even turf with the Nvidia 9400M, but the dv2's processor puts its overall performance somewhere between that of the Mini 311 and the Studio 14z.
On the whole, the Pavilion dv2 is quite an outstanding value. The HP Mini 311's Atom processor is easy to choke, but the Athlon based processor in the Pavilion is a fair bit more capable. The dv2 is also quite portable thanks to its lightweight design, although its battery life of about 4 hours isn't outstanding.