Apple's stuff has always been about the software, ease of use, etc.
It usually comes down to what you need. If you're talking about the white macbooks, even though they have FireWire, they are kind of outdated and are suspect to leave the Apple line. If you're talking about the new Aluminum Macbooks, of course, they lack a matte option, and firewire, compared to better Apple current or old portables. Compared to other portables they are quite good in my opinion. Most of the others are glossy, don't have a backlit keyboard(which you have if you choose the pricier 2.4GHz), and don't have firewire.
All of this if you're looking for a more portable solution, the 13.3" that is. What many mistake doing is comparing the macbook to other cheap portables that are usually clunkier, of course cheaper, but bigger as well, 14" or 15", they probably get warmer, they usually have a dedicated graphics card which macbooks don't, a blu-ray drive, that Apple still doesn't have in all its line-up, e-sata, display ports, express cards, sd-readers, firewire sometimes.
Do you care for Mac OS X? Do you like the Macbook's aesthetics? Try and compare the 1199$ Aluminum macbook to other 13.3" that also have a 1066MHz FSB, DDR3 expandable to 6GB, quite a good graphics card, an iSight/mic,good speakers, a Core2Duo of current generation. I believe there are few out there, and you just can't go wrong with a Macbook.