If netbook weight is a big deal for you, Averatec has a product you should really look into. Electronista reports that they claim their N1200 10.1” netbook is the lightest and thinnest such product of its size. At just 2.2 lbs and .9” thick, I'm inclined to believe them.
Apparently, they've managed to make such a tiny netbook by doing things differently than most netbook manufacturers. The N1200 packs 7mm hard drives and lithium-polymer batteries. Unfortunately, it sacrifices battery life for size; you'll get 3 hours with the standard battery, and 6 hours out of the extended one.
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The N1200 has a 1.66 GHz Atom processor, 1 GB of RAM, a 1.3 MP webcam, 160 GB HDD, and 802.11n WiFi. The base model with XP costs $330, $350 gets you Win 7 starter, and $380 covers an extended battery and a 250 GB HDD.