The Lenovo IdeaPad Z400 Touch is a general purpose 14" Windows 8 laptop with a touch screen. It has a full mobile 2.6GHz Intel Core i5 CPU rather than a ULV Ultrabook CPU, and thus it offers more processing power. That's great for video editors, software development, huge spreadsheet number crunches and it even offers a boost for gaming, though this is no gaming laptop. The Z400 Touch is most commonly available with 8 gigs of DDR3 RAM, a terabyte hard drive and a DVD burner. This configuration sells for $699.
If you're looking for computing power, a large hard drive and a DVD burner to carry you through 4 years of college or to run your small business, you get a lot more power here than in an Ultrabook.