Most powerful processor available
Memory sufficient for multi-tasking, internet, music, movies, productivity(Word, Spreadsheets, etc), basic photo and video editing
Memory may not be sufficient for simultaneous editing of large number of photos and videos, virtualization software(parallels), engineering and simulation software, etc
Uses conventional harddrive. Higher power consumption, lower shock resistance and longer startup time compared to solid state drive(SSD).
Battery life is unknown.
Medium GPU allows playing most demanding games, but only at low detail settings and resolution, and less demanding games (WoW, Sims3, etc) at high settings and resolution
GPU is not suitable for latest, demanding games (Assassin's creed, Black Ops 2, etc) at high or medium detail settings and resolution
14" screen suitable for portability; not ideal as desktop replacement or gaming
Built in CD/DVD drive; allows watching movies and software installation from CD/DVD
Integrated webcam for video chatting
Processor is more powerful than necessary for typical tasks such as multi-tasking, internet, music, movies, productivity(Word, Spreadsheets, etc), basic photo and video editing. Could downgrade to save money