I bought Acer Aspire 5738G four months back in Croma store, its costed around Rs 36k and 3 yr warranty for Rs 1, 800.
Pros:
> Performance is good, with a battery back up of 3hrs solid
> Keyboard is soft and sensitive, touchpad features are very comfortable especially the scroll and roll feature. Touchpad is not as soft as hp pavillion models but good to use.
> Screen size of 15.6 inches is good for movies with 16:9 aspect ratio, and kudos for the speaker(as good as HP or sony)
> Came with windows vista SP2, surprisingly the performance is as good as windows xp, I have not yet upgraded to windows 7. The upgrade kit is free but the shipping charges to india is$23.
> Software that comes with the laptop is mostly useless except the winlocker, with this winlocker you can encrypt your files with fingerprint or master password.
> Webcam, fingerprint reader and ATI graphics card do their job perfectly,
> It has a function key to switch off the LCD, which is not there in my old HP pavillion.
> It had 4 USB slots, compared to 3 in other brands
Cons:
> It is not really compact comparing with other brands
> The button to open and close the laptop is not comfortable to use
> Does not come with Win 7
This is definitely better than HP/Compaq products and I also felt HP service centres are costlier and we got only one yr warranty. If you want to extent the warranty in HP for 2 more yrs I have to shell our Rs 16k(one yr back), acer costed Rs 1, 800.