Depends upon what you mean by compatible. Will it run OSX? No. Will it run Linux which is very similar to OSX? Yes. Will it run Windows? It can. Asus page for the EEE.
As I posted here, I’m looking for something to run my PowerPoint, and perhaps to take some notes on, at conferences and in other situations where I don’t need the power (or size) of my laptop. Comments in that thread might be useful.
I think so. I would have made good use of it in college and graduate school, I think - it’s light enough to carry around campus, and it can run a basic word processor.
I’d be more interested in it if it had a much longer battery life, even at the expense of an even slower processor. I used to have an HP Jornada 820 handheld computer (Windows CE) and wrote most of my Masters thesis on it. It claimed a 10-hour battery life - about 8 hours with my typical use. I also used it frequently for taking notes in meetings; I could sit in an all-day meeting and not have to fight over a power outlet. The Eee has a battery life of only 2.75 hours, which is worse than my laptop.