If you liked the smell of what Acer was cooking with the 11.6-inch Aspire One 751 netbook that was recently released but the relatively anemic 1.33GHz Atom CPU left a bad taste in your mouth, then prepare to cleanse your palate with the digital equivalent of crackers and unflavored water because Acer’s apparently prepping an 11.6-inch Timeline-series computer with an Intel ultra low voltage CPU.

Described by Acer’s secret blogger-friend Macles as “at least twice as fast as any current Intel Atom processor,” the Intel ULV SU3500 CPU running at 1.4GHz along with hardware-accelerated video decoding and support for up to 4GB of RAM will mean that the impending “Acer Aspire Timeline 1810T” ought to strike a nice balance between portability and power.

It’ll share the same (or very similar) body as the 751, feature 8 hour battery life, HDMI, optional Bluetooth and 3G, and will ship with Vista Home Premium along with a free upgrade to Windows 7 in October.

Unfortunately, no pricing or availability details yet. Hopefully it’ll be available soon and, knowing Acer, it’ll probably be priced aggressively.

Acer Aspire Timeline 1810T [macles via Pocket-lint]