I have had an eee for a while now (ordered early!)
It is excellent as a highly portable computer, not too big, and not too small = "Just right". I love it
- but it is not my main computer.
It has wireless, ethernet, USB x 3, External monitor and MMC-SD card connectors. It has a webcam built in. Its charger is tiny and very light (like a mobile phone charger).
It works "Out of the Box" and is Grrrreat
for playing with linux. It talks to my (linux) network and prints on my networked printer (this took all of 60 seconds to set up, as did the wireless connection).
It runs Xandros, and comes with Openoffice, which you will find functionally (almost)
equivalent to MS Word & Excel & Powerpoint. Documents / spreadsheets / presentations are compatible with MS.
About half the people I show it to want one / have gone and bought one.
Other distros (mostly ubuntu, kubuntu and xubuntu) have been installed on it.
I suggest you take a look at http://forum.eeeuser.com
where there is a very active community.
Meanwhile, Welcome to LQ!