I happen to work at FutureShop in computers and that exact model is $999.99.
Future Shop: Computers: Laptops: HP 14.1" AMD Turion X2 RM-70 Dual-Core Mobile Processor 2.0GHz Laptop (DV4-1166CA)
320Gb is the largest drive you'll find in your run of the mill laptops. Anything larger is likely to have two drives in it. The 500gb notebook drives haven't really been seen just yet. Between the Radeon 3200 and GeForce 8200 it's some of the best integrated graphics you can get in laptops. It will handle light gaming. Just don't expect to be playing Crysis at med to high settings without starting a fire haha.
If you don't need the bag, mouse or headphones save $140 and get it at FS. Or you can put the $140 towards the accessories YOU actually need.