HP is showcasing its new Pavilion dv2 ultraportable notebook at the Consumer Electronics Show (CES) in Las Vegas this week. It is the first PC manufacturer to utilize AMD’s value-priced Neo processor, which it is selling for under $1000, and looks like a sensible option for buyers that want to purchase a lightweight–but not bleeding-edge-machine.

The Pavilion is stylish and packs some decently robust hardware. The Neo processor, formerly codenamed “Huron” has a clockspeed of 1.6GHz and is comparable to Intel’s Ultra Low voltage Chips in its power consumption. The notebook offers hard-drive options as large as 500GB, it has AMD-ATI Mobility Radeon HD 3410 graphics, a 12.1-inch LCD screen, and Blu-Ray. Pricing starts at $699; higher-end models cost nearly $900.

Consumers that pay less than $700 for an ultra-portable should not expect every bell and whistle. AMD’s Neo processor has scant cache memory (512K), and is a single-core processor. However, people who are in market for the Pavillion probably will not be using the kinds of applications that take advantage of many-core processors. There isn’t much commercial ‘parallelized’ software on the market anyway.  The Pavilion will pack more than enough of computing power for people to surf the Web and type reports.

AMD will release a dual-core portable chip code-named Conesus in the second half of the year, News.com is reporting. In the meantime, I see no reason why the average person should hold off their PC purchases other than Windows 7 compatibility (although it would seem unlikely that a relatively new machine would not be upgradable).

 
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