I would expect you could either build a much better machine for the same cost or spend about half what you are planning and get the same-type hardware. Several hundreds of dollars of most laptop costs are for Windows and maybe office. As you need neither of these to run linux, that can save a chunk of change to begin with.
I'd check with pricewatch
and see what offers you get for a laptop with no OS. Or get a slightly used one off ebay for really cheap, format and rebuild. I spent $300 getting my Mother a HP Presario 700 used and windows-dead on ebay. It had one bad ram chip, so I replaced that ($40 on pricewatch) and formatted the drive, now she's golden for years.
If you have $1405 to drop on something worth more like $1000 or less, then go ahead and buy it. If you want linux installed for you, you may have to pay more, although installation has been made very easy for anyone that knows computers in the general sense.
Other things worth considering - do you really need a DVD/CDRW? I watch dvd's on my desktop all the time, but never found the need to do so on a laptop, despite having a DVD drive. Further, do you need the CDRW function? I often burn things from desktop to laptop, but never the other way. Running an ftp drive is plenty for the few files you may want/need moved back and forth. FTP over a LAN will be much faster than writing cds 9 times out of 10.