Highly recommend you to learn more about Dell Inspiron 15 i5555-2866SLV 15.6-inch Touchscreen Laptop PC. It worth a little bit more, 411$, but it worth it.
The display of the 5555 is a bit washed out and has terrible viewing angles. You need to adjust it just right. But it's large and on the lower end of high resolution which is great for me. I find the keyboard a bit hard to type on. I don't know if that because I'm not used to it or if there is something funky about this keyboard. But the keyboard is backlit which is nice.
The biggest issue with this laptop is the HD. It has a really slow spinning drive. I haven't had a computer without an SSD in a couple of years so maybe I'm spoiled, but yikes this computer takes for ever to startup. Anything that hits the hard drive, causes the computer to become nearly unresponsive. I benchmarked the HD and it runs 10x slower than a SSD.
So, I bought a cheap ($50 or so) 250G SSD and reloaded the OS. Boy that makes a huge difference. This computer plus a cheap SSD is a great value.
Anyway, read some reviews such as bestadvisor or cnet. Good luck!