I own HP pavillion 6502
with AMD Turion processor, 64-bit dual core, 1.8ghz
2GB RAM,
160gb hard disk, wireless broadcom, bluetooth
finger print reader, nvidia graphics card,
inbuilt 1.3 mega pixel camera
15.4 inch screen and windows vista for Rs.42k
Seems to have good performance and other features is cometitive to dell and lenovo. I read that it has lot of problem with the service center guys. I am lucky enough that I didnt get any problem. Screen view is not that comfortable. This is a better selection if you consider the cost but lenovo has lot of features than HP. Battery life is 2-3 hours depending on my usage of video or audio and how loaded it is. Vista sucks and I would have a bad time before I got XP or linux in working condition with all the drivers properly installed. Its recomended that you use with vista because getting the drivers will be a difficult task.
One thing that I wanted to highlight is that if you choose the intel model it costs 15k more than this. The performance of Intel is better than AMD according to experts but even they admit the difference is so less that a normal user would be affected by it. So think before you purchase. AMD with nvidia is good with graphics stuff and I can feel it in gaming arena. Gaming is good with this combination.
After the usage of 2 years I am updating the performance of the laptop and the service provided by HP:
Battery backup is very low about (30-45 mins). HP service center personnel recommended me to get a new battery which would cost me about Rs 6500
One of my laptop speaker stopped working, since it was withing warranty period I got it replaced from the HP service center.
HP service center has good response( I had to visit there twice in two yrs), but their service is costly.