The E120 arrived on time and as expected, sealed and brand new.

Clearly, these were early or pre-production models, possibly not meant for U.S. consumption. In addition to the
SIT/SVT Level Packing label on the box, there was a sticker on the bottom of the machine that read
Not a Customer Ship Level System. The battery was also labeled
SVT Sample. SIT stands for System Integration Test and SVT stands for System Verification Test. These are two important pre-production phases for laptop model development. The BIOS and EC were both version 1.01. I have since updated them to current. At least it has a valid, one year, U.S. Lenovo warranty.
Other than that, the machine was packaged and looked like a new ThinkPad, including documentation, etc. There was even a U.S. AT&T SIM card installed for use with the Ericsson WWAN adapter. It seems like a final pre-production sample to me.
First ImpressionsIt's a nice machine. The heatwave red with matte finish is really nice, luxurious even. The performance is great. It's very fast and quite smooth. It feels more responsive than the X100e or X120e, no lag or hiccups anywhere. It definitely runs cooler and quieter than either the X100e or X120e singel core & dual core models. The fan actually shuts off sometimes! The keyboard keys are the same chiclet style, with a slight variation in layout. If the battery really lasts several more hours than the X100e, I'll be pleased.
I'd say the downside is that the E120 is within a few millimeters in size to the X201. And the X201 has a 12" LCD. Since the X121e/E120 incorporate the six cell fully within the body, the chassis is deeper than the x100e.

This is more noticable with the 3 cell battery in the X100e. While the increased depth is only about 1/2",
you actually need about 1 - 2" more depth to when open because the hinges articulate past and below the back of the chassis. This was not the case with the X100e/X120e models. The picture below shows both models opened with the backs of the LCDs aligned.

Even with the deep six cell battery installed on the X100e, the LCD opened upright and didn't protrude past the back of the chassis.
This will probably only be an issue on airplane tray tables - and this is the machine I will use on airplanes! It's still a small laptop, but the X100e was really compact. Otherwise, the LCD being back a couple of inches and slightly higher is actually more comfortable.
For the price, I'd say this model is very tough to beat, as were the prior models. However, it has lost that
netbook feel. The increased performance, finish and battery life are probably worth it for me, however, it may not be for everyone. I'll use it for a while and see how it goes.
More pictures, large and small -->
X100e & Edge E120 comparison picturesWindows Experience ScoresEdge E120, 4GB RAM, i3-2357m, X25-G2 SSD, Win 7 Pro
64-bitProcessor - 4.9
Memory - 5.9
Graphics - 5.2
Gaming - 6.1
Disk - 7.7
X100e, 4GB RAM, L335, X25-G2 SSD, Win 7 Pro
64-bitProcessor - 4.2
Memory - 5.8
Graphics - 3.5
Gaming - 4.9
Disk - 7.5
PassMark CPU Mark ScoresEdge E120 w/Intel i3-2357m - 1725
X100e w/AMD L335 - 851
Upgrade Notes:
-The Lenovo 6250 WiMax / N adapter whitelisted & works
-The Lenovo Gobi 2000 WWAN adapter whitelisted, but does not work (probably need the Gobi 3000)
-The drive bay only holds 7mm thick drives
- PC3-8500 vs. PC3-10600 memory yields same Windows Experience memory score