Take a look at this laptop:
Acer Aspire AS5560-7402 Notebook
Edit: Woops forgot the link: http://www.newegg.com/Product/Product.aspx?Item=N82E16834215257
It is well balanced.
500GB HDD 5400RPM
A-Series A6-3420M(1.5GHz) 15.6"
4GB Memory DDR3 1066
Super Multi DVD drive
AMD Radeon HD 6520G
A few notes on this choice: The A6 is an APU, meaning it has a Processor and graphics card integrated on the same piece of chip. The processor itself is somewhat weak (compared to intel I series offering) however the graphics card integrated with it is more powerful than Intel integrated graphics.
Don't expect to play very new advanced games on this machine - it is more of a midrange laptop. However It should play most games at low-to medium details no sweat.
It will handle web browsing/web videos perfectly.