Problems and troubles and issues, oh my!
The first reason this doesn't get my hopes up is that it's netbooks. For all the reasons you said, but also that we've been there, done that. Is seems that whenever a company makes something so cheap its gimpy, they think "Hey, lets see if it runs any better with Linux on it." They never take it to the next level and find out what Linux does on real hardware.
The second issue is a package install of anything. Want Windows to run like crap? Let a the manufacturer's marketing arm put 20 pounds of bloatware on it. Want to screw up an Android tablet or smartphone? Let a the manufacturer's marketing arm load it up with crap. Want to screw up a Linux install? Bet me that it'll have the same solution.
Finally, I have made no bones about not being a fan of Unity. I don't think that preloading a great OS with this UI is putting our best foot forward. Ubuntu 10.04 and 10.10 sold people on it because it was a familiar intuitive UI that had a minimal learning curve when coming from Mac or Windows. I don't think Unity will win anyone over, other than the coders who don't have to come up with new screen metrics for tablets.
Sorry guys, I still don't see this catching on, and throwing it on netbooks will give the Microsoft FUD bunch more fuel to add to the "can't sell Linux" fire.