Do you like the idea of the Chrome OS devices but feel that they are too expensive? Google has just announced a new Samsung Chromebook that might be right up your alley. The new 11.6-inch Chrome OS laptop runs on an ARM processor and manages a very affordable price tag of just $249.

Keep in mind that Samsung had to make a few concessions to reach such a budget-friendly price. Switching to ARM is one of these changes. While you might not get an Intel processor, you do get a very capable 1.7GHz Samsung Exynos 5 Dual processor. Another potential downside is the lack of larger built-in storage with only 16GB internal memory. Other specs include 2GB of RAM, a battery that lasts 6.5+ hours, micro-SD, Wi-Fi, Bluetooth, USB 2.0, USB 3.0, mic/headphone and a full-sized keyboard. As for the display, it has a resolution of 1366 x 768.

What Samsung is offering here isn’t a powerhouse, but that’s not the point. The 2012 Samsung Chromebook’s low price and portable design makes it a perfect fit for those that do most of their content creation, storage and gaming via the web. The Chromebook is also very thin and light, with a thickness of 0.8-inches and weight of 2.43 pounds. You might be thinking that there are Android devices that offers comparable functionality, all while giving you access to tons of Android apps. This is true and is a good point. On the other hand, devices like those in the Transformer line might do a similar job, but they are also much more expensive.

The latest Chromebook gives us a good idea of what to expect in future Chrome OS-based devices. Cloud-computing is here to stay and presenting consumers with this kind of pricing is key to the success of the platform. Does the idea of a $249 Chromebook based on the Exynos 5 entice you at all?