Understand what you are buying. The Chromebook runs ChromeOS, not MS Windows. Chrome is based on Linux, and you won't be running Windows applications on it. The reason it only needs a 16GB drive is that it's assumed you will keep your data "on the cloud", meaning on Google's servers. Many of the applications also reside on the cloud and are pulled down when you need them. So for it to work well you need a reasonably fast internet connection.
With HDMI and USB 3.0 ports, I don't know why you couldn't stream movies off an external drive, but I don't know how easy Google has made this. Obviously they are going to make it easiest to store everything on the cloud, because that's how they expect to make a profit.
It looks like a great solution for someone who needs more than a tablet but doesn't want to spend a lot of money on a Windows laptop.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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