It has 400MHz CPU, 7-inch TFT screen, 1GB SD drive, 3 USB ports, 1 1x VGA output port, a LAN connector, 4-hour battery and Windows CE operating system. It can handle tasks for Word, Excel, Powerpoint, MSN, Internet Explorer and some other programs without any problems.
You can upgrade with wireless WiFi connection support with the JL7200 model. If you are looking for a better model, look for the JL7300 model with 533MHz CPU, 8-inch screen, 128MB RAM and 8GB NAND drive.
And if money doesn't matter, you can actually choose the top model, JL777 running Windows XP, and have AMD LX-800 processor, 512MB DDR memory, 7-inch screen, 8GB SSD drive and 4400 nAh battery. Both models are definitely over 99 USD.