I have an Acer Revo 3700 which has the Atom D525 and nVidia ION 2. No problem with 1080p and HD audio but beware that the atom and ion are not up to the task for netflix streaming. It's very choppy.
As long as you don't do netflix from a web browser then that is a very good deal especially with the BD drive and the USB 3.0 ports included. Actually it's a hell of a deal.