Not cheap - Core 2 Duo (1.83ghz+)
Not standard - 2 GB RAM
Sure (128MB RAM min.) - ati radeon x1300+ / nvidia 7300+ graphics
Need - decent speakers - for decent audio

At least - 15.4"+ monitor - not going to find much bigger for cheap
Probably extra (80GB std-ish) - 100GB+ harddrive (7200rpm)
Um - 1280x800+ resolution - wide/short, try 1280x1024
Standard (2x, usually) - pcmcia slot
You'll want USB, wifi, infrared and possibly bluetooth and svideo output, too.
BAD:
Yeah, hard on graphics/movies - shared memory
Enh, onboard with shared memory - intel graphics
Whatever, personal choice - ati xpress
Also bad: Easy to break. Check Consumer Reports, etc for durability reviews.
Also check CR etc. for usability (screen brightness, keyboard size, etc.)