I have what I think is basically the same machine, a Packard Bell XS20 which have been on sale in the UK and Holland since around last October.

The touchpad works surprisingly well. Personally I found it an innovative rather than bizarre placement. It does require the use of two hands, which can be a bit tricky, but on the plus side it means you can effectively use it while holding the machine.

I have found my XS20 incredibly useful, I am just a bit browned off that I paid 600 Euro for it and the Cloudbook is only $400.