I ended up finding the Craig Netbook with Android 4.0 new for $98 at another store just shortly before Christmas and bought it for one of my daughters. I also bought their tablet for another one of my daughters who already has a Windows based netbook.
For those interested, the Craig Netbook model is CLP281x. The build quality is much better than I had expected for under $100.
The netbook has decent battery life, around 4-6 hours.
The keyboard is tiny, but you get used to it. I have used the netbook to post several times on this forum (including this post). Attempting to post on a forum using a tablet and a touch screen keyboard is a real pain. Having a built in keyboard is a must for typing long posts.
The built in mouse pad is good. I had no trouble using it. The buttons work well.
The screen is not the best but its not bad either. Its just like your typical non-touch screen LCD display found on most netbooks these days.
The GPU and CPU are pretty fast on this netbook. This was the most pleasing thing about the purchase. I expected it to drag a little but its very smooth. It's actually faster than my Samsung cell phone. The downside is that the screen is only 16-bit, not 24-bit. For most things this is not noticeable though.
Games play great on it. Angry birds works wonderfully. Minecraft also works. SurvivalCraft works. The last two are a little tricky to play with a mouse pad however.
Everything I tried to install ran very well. A few games ran but couldn't be played at all because they just wouldn't work well enough with a mouse pad. Some games than ran in portrait mode were also difficult to play because the netbook is really designed for landscape mode. It's very hard to use the mouse pad in portrait mode. If you wanted to do that an external mouse is really needed.
The sound quality from the stereo speakers are what you would expect from a low cost netbook: not very loud, not much bass.
The major downside is that it didn't come with Google Play and without rooting the netbook you can't install Google Play. This a problem nearly all low cost Android netbooks and tablets have. Google requires netbooks and tablets to be approved before allowing them to ship with Google Play installed.
The latest Amazon Appstore did not work with a mouse pad at all. It was useless on the netbook. I ended up getting an older version of the Amazon Appstore installed on it. That works great.
I plan to eventually root this netbook and install Google Play, but I have yet to find details on how to root it. I will into this more. I have rooted several tablets and phones in the past. Its pretty easy to do in most cases, but with this Craig Netbook no one has done it yet. I will be trying several things to see if I can root it.
I ran AnTuTu Benchmark v2.4.2 from the Amazon Appstore on the Craig Netbook CLP281x and my Samsung Infuse 4G phone. My Samsung phone scores 3081. The Craig Netbook scored 3095. SD card access, memory access and floating point calculations on the netbook was much faster than my phone.
All in all I am extremely pleased with the purchase. My daughter has been using it every day and loving it. I use it sometimes to post on forums and do research. Its great for that. Its so light and easy to hold. The keyboard is small so you need to get used to it, but its not that small. I can type with both hands and all my fingers as I do on a normal full size keyboard.