CPU wise it's 2/3 the speed of your desktop... But more than likely it has integrated video using shared memory... That means that that 32 MB is actually subtracted from the 512MB of RAM available to the OS, *and* that video performance will be a heap slower than a desktop which uses a dedicated video adapter.
(MHz alone isn't everything: I get < 1 fps on my old 500MHz laptop, while the same program runs at 120+ FPS on a 400MHz desktop with a voodoo3 graphics adapter)
(MHz alone isn't everything: I get < 1 fps on my old 500MHz laptop, while the same program runs at 120+ FPS on a 400MHz desktop with a voodoo3 graphics adapter)