It has a Celeron processor. And there’s no Webcam, HDMI, or memory card reader. Guess what? For $348, we could care less. In fact, it’s easy to see why the Toshiba Satellite L355 (S7915), a 17-inch desktop replacement that will go on sale at Walmart this Sunday, gets our Editors’ Choice Award. Check out the full review here. Value, you see, is relative. While the L355’s design is a bit plain, and it’s missing some premium features, the performance is better than you’d expect. This machine is certainly good enough for people who just want to check e-mail, surf the Web, do word processing, and watch movies or Hulu on a larger screen. And…did we mention it’s $348? The price of the L355 is about $250 less than what you can expect to pay for entry-level 17-inch notebooks from companies such as Dell and HP. And its specs are better, too. It has a Celeron processor, yes, but a generous 3GB of RAM and a roomy 250GB hard drive. For about $600, Dell and HP will give you a Pentium processor, 1GB of RAM (a no-no if you’re running Vista) and a smaller, 160GB hard drive. Walmart recently sold out of a 15.6-inch Compaq it priced at an ultra-agressive $298, and we expect this notebook to fly off the shelves just as fast.