Hi Duck Man,
I have to say you found yourself a good deal there! But with a little patients you can get that laptop cheaper or upgrade for around the same price as your current selection.
Well on June 27th Intel released the Core 2 Duo, which is an upgrade of the standard Core Duo which you have listed as your processor. Well in about a months time, after they release the Core 2 Duo Mobile, the Core Duo will drastically decrease in price, making your purchase much cheaper.
Now I am guessing you are build a gaming laptop from what I can see in your current specs. I would like to make it clear to you that gaming will only use one of the cores seeing it is a single thread application. Now unless you plan on doing multi-application usage while gaming or photo editing, then I would recommend a higher frequency single core processor.
Let me know what you decided and good luck!