Color Quad Processor Is This Computer A Good Deal? Is The Processor Fast?

Is this computer a good deal? Is the processor fast? - color quad processor

You only have an HP laptop, and I wonder if I have a good business to adapt. It seems to be good, but do not know much about computers. This processor is also decent? I have heard different opinions about it, actually in conflict.

The total price is $ 1040 and you notice that includes Microsoft Office 2007 Student.

HP Pavilion Quad dv6t Edition Customizable Notebook PC
• Espresso Black
• Windows 7 Home Premium 64-bit --
• Intel (R) Core (TM) i7 720QM processor (1.6 GHz, 6 MB L2 cache, 1333 MHz FSB)
• Free upgrade to 4GB of DDR3 system (2 Dimm) to 2GB of RAM DDR3 (2 DIMM)
• 250 GB SATA hard drive with 7,200 rpm Hard Drive Protection HP ProtectTools Smart
• 1 GB Nvidia GeForce GT 230 million
• 15.6 "diagonal High Definition HP LED BrightView (1366x768)
• LightScribe Blu-Ray ROM with DVD + / -R/RW Double Layer
• Webcam Only
• Wireless-G Card
• HP Color Matching Keyboard
• 12-cell lithium-ion battery
• Discount of $ 50! Microsoft (R)Office Home and Student 2007
• HP Home & Home Office Store in the box of envelopes