[shuttertalk]

My wife uses a 10 inch netbook (ASUS 1008HA) and it's great mainly for internet browsing. Note that most 10 inch netbooks have a 1024 x 600 resolution screen which is very limiting, especially in the vertical range. When using applications such as picasa (i haven't tried lightroom) the working area is extremely small and is not very pleasant to use for photo editing long term. In addition, the processor is not the most powerful which means that heavy processing is probably out of the question as well.

So it will probably meet all your requirements except for:
> to be able to work with LR to store, organize and perform basic post processing with my pictures.

Just food for thought - they are great for travel, but not so much for heavy photo processing.