Here's my experience with the 751h sofar. I will be updating this review in the next couple of days. Let me know if you have any questions.
Configuration:
Intel Atom Z520 1.33 GHz running at 1.24GHz
1366*768 Crystal bright (glossy) LCD with LED backlight
1GB memory
160GB Hard drive Hitachi 5K320 family
6 cell battery 4400mAh/ 46Wh. (RMClock reads Designed capacity 48840 mWh, fully charged capacity: 50294 mWh)
weight: 1.35kg (Acer's list)

The
Acer 751 (plastic is still on the screen)
Screen: The 1366*768 screen is very sharp, what an improvement of the common 1024*600 netbook screens. Contrast isn't the best, but it's good enough (my estimate: 150:1 at 100 cd/m). Brightness is good but not good enough to overpower reflection when working outside with sunlight (my estimate: 190 cd/m). Colors look vibrant and photographs look realistic with help of the glossy coating. When tilting the screen forward contrast lowers quickly and colors become faded. Tilting the screen slightly backward makes the contrast look better and colors more vibrant.
Touchpad: Excellent. Very smooth, big enough. It's Synpatics, very accurate and has multi touch support. (bigger than NC10 touchpad).
Keyboard: Has some flex but doesn't bother me. It's 100% size, kind of strange to get used to after typing on a NC10 with 92% for a while. Acer uses a style of keyboard that I have not seen before.
Performance: I'm surprised that the Z520 running at 1.24GHz does not bother me. Surfing with several tabs goes well (with Flashblock).
-Playing 720p mkv files goes 100% smooth.
-Playing normal quality flash like Youtube goes 100% smooth.
-Playing 720p wmv (like Microsoft showcase) or HD Youtube does NOT go well. Lots of stuttering.
Hard drive: for some odd reason the harddrive seems to be capped at 45MB/sec. Still trying to figure this out. HDTune is at the bottom of this page.
Battery life: From what I've seen 7 hours is realistic with light use and dimmed screen.
On lowest brightness, wifi on, Windows indicates 8 hours battery life.
On highest brightness, wifi on, the indication 5:30 hours.
Pros:
Sharp screen
Long batterylife
Weight
Very slim (1") and sexy design
Excellent Multi Touch Touchpad
Cons:
CPU is not running at full speed (1.24GHz instead of 1.33GHz)
Hard drive is not running at full speed. (42MB/sec instead of 52MB/sec average)
Performance is ok for a netbook, but not more than that.
Standard Battery (6 cell) sticks out