I have the same laptop...or one really similar.
I've had ZERO problems with it. Spreadsheets, word processing, Quickbooks, simple photo editing (GIMP), web surfing, and watching out of market NHL games (streaming video); it's great. For the simple stuff most people do on a daily basis, like me, I couldn't be happier.
I don't know how it would handle video games or a power hungry program of some sort. I don't normally have 2-3 programs going at once and if I do it's a game the laptop came with (solitaire/chess/mahjong) and an NHL game during a commercial break/intermission -or- a YouTube playlist/streaming radio while doing really exciting accounting and bookkeeping stuff.
If you need a laptop to play one of those on-line games where 1000's of nerds w/neckbeards sit in their mother's basement and hit each other's character over the head with sticks...it probably will not fit that need. Nor will it be powerful enough to take over the world or run diagnostics on a Russian space rocket you bought on eBay. But the normal everyday stuff? It's what it's made for.
$300? I may buy another and keep in the garage as it's really easy to clean.