Lenovo has the Lenovo IdeaPad U410 437622U Core i3 14" Ultrabook for $849 - $210 off with coupon code U410DEAL705 = $639 with free shipping.
Intel Core i3-2367M 1.4GHz, 6GB RAM, 500GB HDD
NVIDIA GeForce 610M 1GB, 802.11n, Win 7 HP x64
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Why this is posted as a deal?
What part of "ultrabook" did you miss? Oh yeah, the expensive for small and light part. Compared to a Macbook or Airbook this is competitive especially if you actually prefer Windows to Lion.