This computer uses the 1.6 GHZ atom, which is the 
standard processor included with most ultraportables right now. I've noticed 
that I can run some moderately intensive software on it, but not smoothly for 
long periods of time. I tried loading some music software for which a 1.4 GHZ 
processor is recommended (Native Instruments Absynth 4), just to see how well it 
would run. I found that it was capable of operating, but it was easy to make the 
CPU spike if I played more than a few notes at once. Not that I was planning on 
using this a a music production tool, but I was interested in seeing what I 
could get away with in case I find myself stuck on an airplane or car trip with 
my Aspire One and a pair of headphones and want to play around with sounds a 
little bit. Native Instruments FM8 wasn't so processor intensive and operated 
much more smoothly. In short, I got about the best response I could have hoped 
for with the processor and soundcard included. Fairly functional for light 
doodling. 
 
Loopers that just loop without any fancy pitch shifting or 
filters should be less intensive
than Absynth so that's a good sign.  Still I would 
really want to test one before laying down
the cash.
 
Jeff