It's awful. Forget about accelerated graphics from that nice chip - the drivers are proprietary. Oh, and so are the DSP drivers, so no HD decoding. Enjoy pressing Ctl-D every boot; don't mis-type or you'll wipe the drive. The keyboard lacks essentials such as "home", "end", and "delete". The Crouton OS and ChromeOS get into fights sometimes. HDMI is a crapshoot. I never did get VLC to stream the webcam. The finish is about as durable as whitewash. And so on.
If you're a developer reading this thread and considering buying a Chromebook because it looks like a nice machine for the price, PLEASE don't. Do yourself a favor and buy a used thin 'n' light business-class laptop from 2006-8. You'll take a medium hit on battery life and weight, but you will get a comfortable, well-designed, durable, powerful machine for your money.