Hi guys,
I picked up the HP 11inch Notebook dm1-4108AU for a bargain price! $249.00 - this is the sticker price at JB Hi-Fi Eastland (or was - as a new member I couldn't post immediately). Staff there told me they had about 80 in stock, and weren't going to move them at the official JB price ($368 online) due to the next model up (Windows 8 version) being only $10 more expensive, so they dropped the price.
The laptop itself is quite small, very light at just over a kilo, and reputedly has excellent battery life and acceptable performance (compared to Netbooks around the same price/size).
Having said that - mine is going to be replaced under warranty already. Issue with something loose inside I think - randomly loses use of touchpad/keyboard and screen flickers. Make sure you keep your receipt and register with HP (their support were very quick to respond at least).
Happy to report that after waiting for HP to send me their 'authority to exchange' letter, I called them, cancelled the warranty case, and got JB to replace it. New dm1 seems to be much more stable - I think the faulty unit may have actually been an ex-display model or return (based on HP telling me I was already 8 months into my warranty). At least JB didn't ask questions, just took a copy of receipt and swapped me to a new unit. Didn't check the price, but they still had plenty there (Eastland)