It is a little more expensive, but let me give you my thoughts here:
ASUS's warranty for their laptops is incredible. 2 years, and they pay shipping both ways, they don't screw around, they just get it fixed, and fast.
1 year ASUS Accidental Damage Warranty - Drops, Fire, Spill, Surge
Five star rated by independent people that bought the system.
I know you said the GPU wasn't important but take a look at the 1GB of dedicated GPU memory and the ATI Radeon HD 3650 card compared to Intel's integrated x3100 robbing your system with shared memory.
Vista home Premium compared to who knows what in the Gateway, it just says, "Preinstalled OS". Not very helpful considering that if it is not 64 bit the 4 GB of RAM is going to be seen as 3 GB and wasted.
It's about $150 more, but I think the extra expense is justified and let's face it, Gateway has been going down the tubes for years. They just announced they weren't even going to be selling configurable systems on the internet anymore!
To be honest, the $750 mark is even pushing it for me.
Is the first one a fairly good deal? So I know the GPU is bad, but will it be a problem for anything besides gaming?
You mean the Gateway? Yeah, it's not bad. Besides the GPU, I don't see anything wrong with it. It's got a decent CPU, 4gb of RAM and plenty of HDD space. The Intel X3100 will be fine for web-surfing and movie playing.