I agree. 160 GB was an awful lot when I first saw the NC10 specifications. My Dell Inspiron 9400 has 160 GB, so the same sized drive on the NC10 seems just funny to me!
I hear you on storage space outside the netbook’s own too. I have about 3.5 TB of space, between my desktop, laptop and extra hard drives, so having a large netbook drive isn’t of paramount importance to me.