Netbooks can watch high definition 720p video.  In fact it takes just a little help to get 720p video viewing in full on any netbook with the atom processor.

The steps required to watch 720p video on a netbook include:

1. Get CoreAVC
2. Select Default Options
3. Download MPC-HC This is media player classic
4. Run MPC-HC.  Select options/external filters/add filter/ then select CoreAVC.  Select Prefer.

Now you should be up and running with 720p video. Enjoy!