People laugh when I pull the old Samsung Series 5 Chromebook out of my bag. I almost feel the need to apologize for it when I turn it on: “Here’s a $450 laptop that just browses the web. Sorry, everyone!” The big Chrome logo on the machine’s lid is a constant reminder to passers-by that I’m definitely not playing World of Warcraft (perhaps a good thing), using Spotify, or doing a Skype video call.

On some level, a chuckle is a fair response — the notion of spending several hundred dollars on a weakly-configured machine that won’t run your existing apps and can’t really do much of anything without an internet connection is a tough sell. But that’s not a new argument: Chromebooks have been in the market for over a year now, and people have been saying this since day one. Outside of Google I/O and the occasional press event (and my house), I’ve never seen a Chromebook in the wild; it’s not a very scientific study, but I suspect they haven't sold well.

But Samsung’s latest model could fix that. The new Chromebook capitalizes on ARM’s stratospheric ascent — both in popularity and horsepower — to extricate Intel from the machine, reducing cost, power consumption, and heat dissipation in the process. On paper, that sounds like a win / win / win. In fact, this new model is the first retail device to use Cortex-A15, ARM’s next-generation architecture that could prove to be one of x86’s most formidable competitors in the consumer PC space ever.

In practice, this Intel-free design means that it's light, fanless, diskless, completely silent, and at $249, cheap enough to grab your attention — even if you’re still skeptical (and understandably so) about the concept of a web-only laptop. But does it hit the magical sweet spot on the price-to-capability curve?