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The RAM issue was the breaking point when it came to my 1950 experience - it's a great LITTLE machine, and the screen is heads and shoulders above the 1945... but it had barely half the dynamic RAM of its 'predecessor' machine, which means that I had serious problems opening up even one window of a memory hungry application (Adobe Reader 2 for PPC in my case), as it started choking and locking up with one PDF file of 2MB in size loaded.
For browsing, it's decent - so long as the page isn't heavy on the graphics. For watching videos, you'll be fine - it's fast enough to handle a lot of videos, but don't expect it to play your 5000Kbit-encoded files for your PC at DVD resolutions very well. For using as an e-Reader, if it's not a PDF file, you'll probably be fine.
However, if you've already a 1945... well, if you want the slightly faster processor and WM5, it's not a bad jump, but I'd probably hold back if I had a 4150. It's a decent BASIC machine, as I've repeated again and again... but you become aware of the limitations very quickly. I'm not what I'd consider a power user, or heavy gamer, and I found it too restrictive to have just 8MB of RAM that I could count upon having at any particular point in time.
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