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I have the 1.6 processor and have no problems with it.
There is a $750 off coupon here.
http://www.gottadeal.com/dell.php
Buy it thru fatwallet.com for an extra 3% rebate.
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Just wanted to quote this incase dude missed it the first time around. They have a $300 off special right now but this will save you even more cheddar.