My first Hackintosh was built using the single core Atom 1.6 running Leopard. I am amazed at how much it will do. It does very well with Photoshop CS, yes the non-native version. With CS4, it would operate much faster. It does fine with MS Office 2008, Aperture and iWork 2008. Does good on the Internet. Plays streaming TV shows over the Internet at full screen without stuttering. It burns CDs and DVDs without problems. So far, it has done everything I have asked it to do.
I do not do video rendering, so not a problem. If this was my only computer, it would be OK. However, I do have several other computers much more powerful than this one.
One thing I cannot grasp; why do so many want a touch screen? It just seems awkward to use a touch screen for input.