Over the last few years, the idea of a high-end Chromebook has turned from an odd Google joke into the kind of thing that people are actually buying. Right now, high-end for a Chromebook normally means north of $500; for that, you can expect to get a premium metal build, HD screen, thin-and-light design with good battery, and a name-brand processor with enough RAM to have a real tab party.

Acer’s newest Chromebook seems to tick all of those boxes, but with one important difference: At a starting price of $349, it’s much cheaper than anything else on the market.

The most compelling part about the new Chromebook 514 is definitely the design. Thanks to thin bezels, Acer has crammed a 14-inch screen into a chassis about the same size as other 12-inch and 13-inch Chromebooks. According to Acer, the Chromebook 514 also has an aluminum chassis and Gorilla Glass-covered trackpack, which should mean it feels sturdy and premium, instead of plasticky and creaky.

Other specs include a 1920 x 1080 full HD display with optional touchscreen, 12-hour battery life, and an HDR webcam. On the side, you get a healthy selection of ports including USB-C, USB-A, microSD card, and a headphone jack.

The one thing we don’t know yet is what the processor options will be. Acer said that the price will be “starting at” $349, which means the base model might come with a low-end processor and a palty 4GB of RAM to justify the price. If that means that we can get a step-up version with an Intel processor and 8GB of RAM for around $500, however, Acer could still be in the game.

Chris Mills has loved tinkering with technology ever since he worked out how to defeat the parental controls on his parents' internet. He's blogged his way through Apple events and SpaceX launches ever since, and still keeps a bizarre fondness for the Palm Pre.