Entertainment Laptop question

I have always wanted a laptop, and my current PC is quite outdated so I figured I could get a new laptop altogether.

Now I do enjoy video games quite a bit, however I am not a spec junkie. I have been playing games on low resolution and lowest settings at 12 fps for all my life, so 60 fps on medium on anything above 1380 would already be a dream come true.

What helps is that my favorite games are older (although I don't know if I'd enjoy something new as my pc can never really handle it). I enjoy League of Legends allot, and am looking forward to Diablo 3 and Guildwars 2 and wanted to get Starcraft 2. If the laptop would run it I would very much like the enjoy other games like the Half-life series, maybe Assasin's Creed or perhaps even Skyrim.

Like I said, my graphic requirements aren't the highest, I'd enjoy LOL and high I think but anything else I'd play on medium, as long as I'd be able to play around 1380 and a steady frame rate.

So my question to you, does this laptop fit the bill? http://www.newegg.com/Product/Prod [...] 6834215186
The price range is around this, 500. If you guys got some other suggestions that'd be great

Also someone posted in the review section the following: "Could use faster RAM, as mentioned in other reviews. It uses 1066 and could easily sport 1333. Recommend upgrading this for the $40 it runs you."

I really woulnd't mind dishing out 40$ for improved performance, do you guys think I should do that or am I fine?

Thanks allot for you time^^