I just got a 15" 1.33GHZ Powerbook; I bought it refurbished, and then called Apple and negotiated my student discount (I am a grad student). The machine is really nice, and the OS rocks! Java sucks though, way too slow. There are other small things too, which you take for granted on a windows machine, but aren't availble in Mac land (ie: hardware accelerated sound, or a hardware accelerated mouse!). My mouse, btw, is a Logitech MX900 BLUETOOTH MOUSE, which rocks! Unfortunatly it is not hardware accelerated, but I was able to program the additional buttons for Expose. For those of you new to Mac, I highly recommend Konfabulator - this will really make the XP crowd jealous! The other thing I like about the Powerbook is that the resale value is pretty high (!!) - good luck selling you're Mitac 8050 to someone on eBay, there are only like 5 people who know what it is. The same goes for "Brand Names" like Sager, and Compal. As for the G5 powerbook, my impression is that Apple has a low powered G5 ready, and they will make an appearance in January.
For those of you thinking about getting a powerbook, the other thing I don't like is that the screen resolution is too small (1280x854) - you are pretty much forced to use Expose, because the windows are too damn big!! The Java implementation is also very poor; it is extremely slow, and crashes quite often. Safari is stilil buggy, although I have heard a rumor that Microsoft will release IE6 soon (I still haven't decided whether this is a good thing). But it is a pretty nice machine, and Tiger completely blows away Longhorn, which is why I made the switch.
For those of you thinking about getting a powerbook, the other thing I don't like is that the screen resolution is too small (1280x854) - you are pretty much forced to use Expose, because the windows are too damn big!! The Java implementation is also very poor; it is extremely slow, and crashes quite often. Safari is stilil buggy, although I have heard a rumor that Microsoft will release IE6 soon (I still haven't decided whether this is a good thing). But it is a pretty nice machine, and Tiger completely blows away Longhorn, which is why I made the switch.





) and panther seemed pretty nice IMO, doesn't look like you can do too much better than that, especially with dual 23-inch widescreens, dual 2.5ghz G5's, 2gb of ram, and a 9800XT... now if only there were more games for mac! 
Did you really just ask, or did you try to play the, I really can't afford this unless I get the discount?

I wish someone will come up with a Virtual PC-like utility to run OS 9 under OS X, because the "Classic Environment" is a joke.

