But with only one CPU under 35W TDP, and that's a single core at 2.0GHz, you're going to have to compromise quite a bit. Performance, battery run-time, or weight? Pick any two.
Intel has Core 2 Duos up to 3.06GHz @ 35W TDP, Core 2 Duo's up to 2.66GHz @ 25W TDP and even Core 2 Duo's @ 2.13GHz at 17W TDP. Combine it with the Nvidia 9400M (MCP79) chipset (2x the 3Dmark 06 score of the Radeon HD4200) and you've got performance (CPU and GPU), battery run-time, and low weight. I'm sure AMD's get the price advantage, but to me performance, battery run-time and low weight (due to less battery) are more important than a few hundred dollar price difference.
Prior to the Pentium-M/Core release, AMD was kicking Intel's butt, but AMD has yet to match Intel in the post P4 era. AMD is not competitive clock for clock, raw performance, or power efficiency. The only areas they are beating Intel is in GPU performance and price.
AMD, we need you back in the game with a really competitive CPU.