The new Macbook: yay or meh?

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macbook
1.1Ghz ULV Intel Core M CPU
8GB RAM
256GB SSD
480p(0.3MP) Facetime Camera
12 inch Retina display(2304×1440)
Weigh a little over 2 pounds
New Apple Trackpad with Forcetouch technology
Up to 9 hours web browsing time(according to Apple)
One USB 3.1 port(this port is also used to charge too) + one audio jack

$1299(excluding sales tax)