New laptop form Dell... Can it run Win 7?

Hi there, I am wanting to but a new net book. I'll only be using it to carry spread sheets and databases.

I was wandering if I get the inspiron mini 10 from dell, would I be able to install Windows 7 Ultimate? i.e. I'm more really wander if it will run well. I don't want to have to wait for things to open. I know the RAM is limited but I cannot find any other laptop that A: has a decent battery (6 cell in this case B: Is very light and small C: Has a good HDD capacity & finally has an HDMI port.

PROCESSOR Inspiron 1012 Base for Direct
PROCESSOR Intel® Atom™ N450 (1.66GHz/512K L2Cache)
OPERATING SYSTEM Genuine Windows(R) 7 Starter 32bit (English)
DISPLAY 10.1" Widescreen WSVGA (1024 x 600) WLED display with edge-to-edge PMMA
MEMORY 1GB DDR2 800MHz SDRAM (1 x 1GB)
HARD DRIVE 250GB 5400RPM 2.5" HDD SATA
VIDEO CARD Intel(R) Graphics Media Accelerator X4500MHD
AUDIO SOLUTION Integrated Stereo Sound
WIRELESS NETWORK CARD Dell Wireless 1397 802.11b/g/n Mini Card
BLUETOOTH Dell(TM) Wireless 365 Bluetooth Module
POWER OPTION 30W 3-pin AC Adapter
BATTERIES 56WHr 6-Cell Lithium Ion Primary Battery