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It’s back-to-school time across much of the country, and many people are out buying the notebooks for the coming school year. I’m sure there are many students headed off to college for the first time, who would like to take a nice gaming notebook with them. The reality is that most decent gaming notebooks cost around $5000, more than most college students can afford.

Gateway announced that it has added a new, affordable gaming notebook to its FX series called the P-7811FX. The cost of a notebook is only $1399.99 at Best Buy, making it very price competitive with basic notebooks on the market. Despite the low price, Gateway packs it full of higher-end features that you wouldn’t expect to see at this price.

The notebook uses the latest NVIDIA GeForce 9800M GTS graphics solution with 512 MB of video memory and features an Intel Core 2 Duo P8400 processor. Gateway says that this is its first gaming notebook to use the new Intel Centrino 2 technology. Other features include a 17-inch widescreen LCD with 1920 x 1200 resolution, a built-in webcam, and 802.11n Wi-Fi, 4 GB of RAM, and a 200 GB hard drive. The notebook runs Windows Vista Home Premium.