i5-2410M is a fast dual core Sandy Bridge CPU. It's a great match for the Radeon HD 6650M graphics card in that price range. Intel Core i5-2410M CPU reviewAMD Radeon HD 6650M graphics card review
That laptop will handle any school, home office or entertainment related tasks easily.
In gaming it will be 'mid-range' for a laptop which means comparable to a low-end desktop computer.
You'd need a better graphics card to get better gaming results. And you'll be hard pressed to find a better gaming laptop in that price range.