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I am going to use this laptop for school work and surf the internet while at school.
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you could really drop down on alot of the specs considering your uses... like the processor and ram.. from what you are telling us it is going to be used for you could save some money by dropping the CPU speed and maybe some of the ram...
also you should check out these people.. they build some great laptops @ even better prices...
http://www.sagernotebook.com/index.html
alot of people here on TIMO use laptops from these people and the consensus AFAIK is that they are a great deal...
edit....
for a comparison I built a decent machine from sager with almost the same specs and the price was 1185
model np2720-a
2.4 GHz Celeron
14.1 XGA Screen
512 Meg PC2100
40.0 GB HDD
CD-RW/DVD
internal 56k/lan
carrying case
or this one for 1430.00
model NP4020
15" XGA screen
P4 2.8 GHz
512 meg pc 2100
40 GB HDD
CD-RW/DVD
internal 56k/ ethernet/ 802.11b
carrying case