HP just took the wraps off its new lineup of ultrabooks and AMD-powered "sleekbooks" last night, and there's already a great deal to be had — a coupon code found on LogicBuy nets you $300 off HP's latest Intel-powered laptops. That makes the 14-inch Envy 4 only $399.99, with the 15.6-inch model coming in at $499.99. The 14-inch model comes with 1.4GHz Core i3 processor, 4GB of RAM, a 500GB 5400RPM hard drive, and Windows 7, while the 15.6-inch model has the more powerful 1.6GHz Core i5 processor plus a 32GB mSATA SSD to help speed up operations. While there's a few compromises in these machines (particularly the slower processors and 1366 x 768 screen resolution), saving $300 on a brand new laptop is nothing to scoff at. There's also options to bump the processor, RAM, or hard drive capacities (or add the 32GB mSATA SSD to the Envy 4) and you'll still get the same discount, so head on over to HP and customize these machines till they meet your needs — you'll still be getting a good deal. There's no telling when HP may yank this deal, so don't delay.

Update: Unfortunately, it looks like the coupon code has already expired — hopefully some of you all got your orders in before the deal ended!