My idea of an ultraportable runs to something like the HP DV2z, slightly larger than the 10" Asus, but thinner. It also boasts a 12.2" LED screen--1200x800--discrete graphics, standard peripherals. OK battery life won't be near as good, but for my needs, it would be a lot more usable. Oh, the z version comes with a dual core Neo.
I understand where you're coming from, but you're comparing apples with pineapples. I'm going to deliberately ignore the 10" Asus, because it's oversized, overweight and overpriced.
Comparing the HP DV2z with the MSI Wind, the Wind is nearly 2.5" (25%) shallower - which means you can actually use it on public transport such as trains and planes. That's a huge advantage, offset by the limited vertical screen size.
The Wind weighs only 2/3 as much as the DV2 and takes up only 55% (ignoring battery protrusion) of the space (volume).
It also has two RAM slots to the DV2's one (good luck finding that 4MB SODIMM), Bluetooth, and a true megapixel webcam.
The DV2 default graphics is - correct me if I'm wrong - no better than the Intel 945G crap that netbooks sport. And as you say, if you opt for the 'dedicated' graphics options, battery life gets clobbered.
Of course, the AMD Neo is a huge plus technically, but in a growing world of Citrix and VM servers, I'm no longer as impressed by workstation CPU power.
AFAIK, all current netbooks have LCD backlit screens.
Finally, the DV2, even in base configuration, costs at least twice as much as the MSI Wind.
I'm actually a huge fan of the Lenovo X series, which collectively are a far, far more deserving candidate for the "ultaportable" moniker. But they're even more expensive.
