HP has refreshed its netbook lineup with the introduction of an Nvidia Ion-equipped Mini 311. Being armed with the Ion means that you can expect awesome HD playback, and maybe even some light games or video editing. Nvidia exec Jeff Fisher says that, "This is another example [of] how good graphics can transform an entire category of products."

The HP Mini 311 features an 11" 1366x768 LED display, an Intel Atom N270 processor, up to 3GB of DDR3 RAM, an Nvidia Ion LE with up to 319MB total memory, a 160GB 5400RPM HDD, Ethernet, 802.11b/g, a 5-in-1 digital media reader, three USB 2.0 ports, VGA and HDMI-out, a 92% full sized keyboard, a six-cell battery, and weighs 3.22lbs.

HP's new netebook will ship on September 23 with Windows XP and a one-year warranty for a starting price of $400. If you can hold off until next month, it will be available with Windows 7 for an extra $75.