A nice portable web browser, but reliability problems Laptop

After the first time it's turned on Chromebooks are designed to be very fast. In my experience, that means booting up in around 9 seconds from off, whether that means the power button being pressed or the lid being lifted. If you close the lid for a while but leave the machine on, it should resume instantly.

Security

Whilst not being able to install traditional software can seem restrictive, it also has a huge benefit: no more anti-virus software.
Viruses are so common on Windows(and lately the Mac operating system, OS X) because the more software that's installed, the more potential vulnerabilities there are to exploit.

Because the Chromebook knows what software should be installed, it can keep a copy in an encrypted area of the hard drive. Each time you turn the machine on, it checks to see if anything unathorised has changed in the software. If it has, that encrypted copy overwrites everything and any updates will be installed when you connect to the internet.
No system is 100% secure, but this method(called verified boot) makes it much harder to compromise your machine.

Privacy and Google

Some users don't like the idea of being dependent on any large company for their computing needs. So, does a Chromebook make you reliant upon Google?
In short, no. Whilst Google does encourage you to log in to a Chromebook with your Google account, you can log in under Guest mode. Whilst using Guest mode, nothing you do is saved on the machine, you don't need to log in to a Google service and you're free to use any web-based service you choose. Google is currently working on other login methods.
However, should you choose to login using your Google account(as I do and most users ultimately will) your settings and bookmarks can be saved, just as they are in for the Chrome browser.

Files and Devices

A key thing when using a system like this is being able to use files people email you and external hardware, just like you would on a Windows PC or a Mac.
If someone emails you a picture, for instance, you can download that file and directly upload it to Picasa Web Albums, Google's photo hosting site. This is called a file handler(think of it like you would a piece of software that opens certain files in Windows) and Google has released tools for companies to do similar things with different file types. For example, Google Docs will soon be able to upload Word documents, Excel spreadsheets and Powerpoint presentations directly to your account, without needing to go to the web address of the service.

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