Ed Oscuro wrote:900 MHz processor, 512 MB RAM
7-inch screen, 800×480
I believe that dooman posted a link to the eeePC 900, which has slightly different specs than what Ed posted, most notably a larger and higher resolution screen.
Personally (in fact I am posting this very message from it) I am using an eeePC 700 in lovely Blush Pink colour. It is crippled compared to the 701 and is rather underpowered, but IMO for the price the 2G Surf model is the only one worth buying, as once you start pricing the higher end eeePC models, you have much better options from different manufacturers such as Everex and HP etc.
However, I took it with me travelling to a research conference earlier this year and it is *perfect*. I did not have any time at all to play games, but that's not what I bought this for. For some light web browsing and office work and a size that fits in any bag, I think it's great.
If you want to just play emulators though, why not just get a PSP?