http://www.amazon.com/gp/product/B000ZLSXJO/prsboos
It has a 7" screen, 800MHz Celeron, 4GB SSD, etc. The specs aren't even close. I think screen is the most important, there is a huge difference between the 1024x600 that the Aspire One has and the 800x480 of the EeePC.
Just kidding.
I can't comment on how it compares, but it is awesome.
I have one of the new 6 cell ones. I get 5 hours of battery life actually doing stuff on it (multiple programs open, etc)
For $300-ish I think it totally blows away the competition as well. I feel almost stupid that I just bought mine from Amazon now for 399, but it is worth it
I think that I'd much rather get the Asus S101 even though it's more than double the price.
http://www.slashgear.com/asus-s101-luxury-fashion-netbook-of...
It's a 10'' screen and thin like the Mac Air. But at $700, that's still quite the steal.
As a caveat, I just bought the new Macbook and I'm loving it. I think that this thing is really portable enough for me to take anywhere, and yet powerful enough for me to use as a desktop replacement. It's really the best value for the price. (Plus, for lack of a better way to describe it, OS X = ownage)
[ edit: http://www.xarj.net/2008/acer-aspire-one-vs-asus-eeepc/ ]