What will be the main use of the laptop?
If it is for internet and general school work I would go with what spannerzone suggests, a higher spec cpu and a lower spec graphics card.
Also if playing games is not a high priority have you thought about the Inspiron 1525? This laptop is a bit lighter and thinner than the Vostro 1500 and would be a bit easier to carry around. Downside is that it is only available with integrated graphics.
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