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His processor and graphics card are weak because it's an ultrabook. The SSD alone is usually $130, the touchscreen adds a lot of value, it's made for portability, in short it's an ultrabook and a pretty good one at that. It's not made for gaming, it's made for 8+ hours of battery life, light weight, and efficiency in everyday tasks. I don't know if you've used Windows 8 before but once you get used to the change, I think you'll like it. I ended up switching back to 7 but if I had a touchscreen I would've stuck with 8. There's really nothing you can't do on 8 that you could on 7, some of the base system stuff is a little harder to access since they made the interface more geared towards casual users but it's all still there you just have to find it.
My impression with Windows 8 was that they wanted the laptops to be similar to the Windows Phone functionality so that people would be more seamlessly able to transition between the two. I haven't used either Windows 8 or the Windows Phone, but I can imagine that the touchscreen would probably give the advantage to Windows 8.