
Altought they were all built for good portability, due to the component selection, they have very different personalities. Following are my observations and really personal opinion.
X20
This macine by todays's standard is a little too old. With only 378MB of RAM and memory hungry multi-tab browsers, it had to do HDD paging a little too frequently. Otherwise it has a very low power Coppermine Mobile Pentium III CPU with only 7W Thermal Design Power (TDP). But the ATI Rage probably took quite a bit of it back. Subsequently it is not a real low power machine. I don't have any of the later X23, X24 machine to compare.
X30
This is a very low power machine using a Low Voltage Pentium III Tualatin with only 11W TDP. Without a discrete GPU, it is likely the low power champion. With CPU set to lowest performance and a SSD, this machine is virtually silent.
X32
This version came out after the X40 was introduced. It is really a T42 in a small housing. The Pertium M Dothan is not even the Low Voltage version. Just a normal Dothan same as in T42 and R51s. Along with the power hungry 21W TDP CPU is a discrete ATI Radeon GPU. Even set to lower CPU performance, I could not get the fan to stop. So this machine is for people who need serious computational power but want portability. The X31 is similar but with a Banias CPU.
X40
This machine use the Pentium M Banias Low Voltage version. The TDP is only 12W, almost half of the Dotahan in the X32. Because of the single slot DDR design, it can only go up to 1.5GB RAM assuming a 512MB loaded motherboard. It has a low power integrated GPU.
X41
This version use the Low Voltage Pentium M Dothan rated at 10W TDP. Although there is an Ultra Low Voltage version with 5.5W TDP, IBM/Lenovo opt not to use it for some reason. This generation went to DDR2 which increase the maximum RAM size but should be worst in terms of power consumption.
So the low power champions are X30 and X40. The X32 and X41 are built for performance. The X32 is a power hog.