The specs look alright for AH with lots of eye candy. A desktop with similar components would be a killer, mobile parts being somewhat slower to reduce heat producing. People play AH succesfully with far less oomph, so that laptop should serve you for several years if you weigh playability over eye candy.
Since you say you're going to college I assume you're going to live in a small room with only one table for all desktop purposes like food processing, eating, studying and computer gaming. In a situation like that, everything that has a "storage mode" is worth considering. Weight isn't an issue if you're not going to run around the campus carrying your laptop to every lecture.
As with any laptop, use it on a hard clean surface for longevity. Extra space between the tabletop and the laptop is recommended for better airflow. Letting a cat sleep on the keyboard when the laptop is idle is not a good idea (seriously, I've seen a laptop which had overheated due to being on all day, cat's enjoying the warmth!)
