You didn't even read the specs on it, did you?
It's a slow Core 2 Solo, this is a single core CPU and it's only 1.4ghz. Very low end for new laptop processors. Also the video is an integrated Intel chip. These are absolutely horrible at gaming.
"Graphics Controller Type Intel® Graphics Media Accelerator 4500MHD
Video Memory Up to 1759MB shared "
I searched Newegg the other day and I think you can get a decent Asus laptop with a dedicated ATI card for right around $700. Otherwise, you're only going to find integrated video chips.