HP has quietly launched a new full size entry-level notebook with a price that compares to most netbooks. For $380, the 15.6-inch Compaq Presario CQ62Z packs an LED-backlit 1366x768 display, AMD's new 2.2GHz V120 processor, ATI Radeon HD 4250 integrated graphics, 2GB of DDR3 RAM, a 250GB 5400RPM hard drive, a DVD burner, 802.11n wireless, a six-cell battery, and Windows 7 Home Premium x64.

If that's a bit mild for your taste, you can swap out the V120 for a 2.3GHz Athlon II, a 2.3GHz Turion II, a 2.8GHz Phenom II dual-core, or a 2.1GHz Phenom II triple-core chip for an extra $30 to $185. Additionally, you can opt for a $100 512MB Radeon HD545v discrete graphics chip, up to 4GB of RAM, 320GB to 500GB of storage, and a $150 Blu-ray reader.

Naturally, there's a few USB ports, while HDMI 3.1 output, a 5-in-1 card reader, and a webcam are optional features. Systems ordered today have an estimated build date of June 16.