Pipeline Surf Point

Obviously I want a laptop…But I’ve been having a hard decision choosing what I need. I’m on a budget of $700 at the most.
I want to do average video editing and some photoshop.
I know that gaming on a laptop isn’t that good and that you should go for a desktop, so I already ruled that out.
So..some video editing and some photoshop
And you know..the other everyday things like…Media, Internet surfing, Email..etc…
So, are these good specs for what I want:
PLEASE TELL ME IF THESE SPECS ARE TOO MUCH FOR WHAT I’M LOOKING FOR…WHETHER IT BE THE PROCESSOR OR RAM OR HARDRIVE..WHATEVER!…ID BE GREAT TO LOWER IT
Intel Core™ 2 Duo P7450 (2.13GHz/1066Mhz FSB/3MB cache)
Genuine Windows Vista Home Premium Service Pack 1 64 Bit
15.6” High Definition+ (1600×900) LED Display with TrueLife
3GB Shared Dual Channel DDR2 at 800MHz
160GB SATA Hard Drive (5400RPM)
Intel Graphics Media Accelerator X4500HD (again..nothing specail like gaming..just some good ol’ video editing and photoshop)
8X CD / DVD Burner (Dual Layer DVD+/-R Drive)
9-cell battery (yah, I travel a good bit)
Dell Wireless 1397 802.11g Half Mini-Card (should I get a better one…a faster one with further range?)
Dell Wireless 365 Bluetooth Internal (2.1) (honestly, why do people use bluetooth…please tell me if I would use/even want this…)
High Definition Audio 2.0
Integrated 1.3 MP Webcam (yeah, I know..but its the best one they had…)

I hought of this while vacationing in Hawaii and particularly looking at people who wore clothing from brands most closely associated with the surf/skate/snowboard culture (Quiksilver,Billabong, Burton, DC, Audio, etc…) . However, the same question could be applied to any group.
Heres how it works:
Based soely on your primary choice of casual clothing, define your self into one of the typical highschool stereotype (Nerd, Jock, Prep, Hip-hop, Gangster,
Surfer/skater, Goth, Emo, Punk, etc…)
Now explain to what degree you fit your selected stereotype, beyond your outward appearance.
For example: If you wear DC shoes, and clothes from Quiksilver, Element, and Burton along with a pear of baggy jeans, you fall into the surfer/skater category regardless, however does your lifestyle also fit this? Do you skate? surf? snowboard? do you generally fit in with other skaters?
This is for a psychology class I am taking next year. It sucks but the teacher gave us summer work

with out using brail lipi (computer control by audio) give full details

How do you know?