Tablets and ultrabooks have stolen the IFA 2012 show, but the hardware – while nice to look at – is not for everyone, especially for the price. It seems that Lenovo has the budget showings covered by announcing three budget laptops that offer up some decent specifications.

Lenovo has added three new laptops to its Ideapad S series, and the specifications of the new models are vastly improved versus the current netbook-class S-series models. The new additions are the S300, S400, and S405, and all three are packing the latest generation processors from Intel and AMD respectively.

All three of the laptops feature a display resolution of 1366×768, full QWERTY keyboard, trackpad with gesture support, 720p webcam, and a "tactile metal finish" for the laptop lid that comes in silver, pink, or red colors. External ports include an SD card slot, two USB 2.0 ports, a headphone jack, and power jack on the right side and a USB 3.0 port, HDMI output, Ethernet jack, and recovery button on the left. They are all expected to provide around four hours of battery life, and the laptops weigh in at 3.97 pounds and are 0.86" thick. All three models will come with Windows 7, but will eligible for the $14.99 upgrade to Windows 8 Pro.

According to the press release, all three models will have cotton candy pink, red, and silver-gray lid color options in a "tactile" metal finish, though only the S300 has been spotted in the wild with the pink lid.

The S300 has a 13.3" screen while the S400 and S405 have 14" screens, but they share the same chassis, which means that the S300 will have a slightly bigger bezel but otherwise will be the same as the higher-end models on the outside.

On the inside, the S300 is powered by an Intel ultra low voltage (ULV) Core i3 or Core i5 "Ivy Bridge" processor, a 500GB mechanical hard drive, up to 4GB of RAM, and optional AMD Radeon 7450M graphics. Other features include Intel's WiDi (wireless display) technology, 802.11 b/g/n Wi-Fi, and stereo speakers powered by Dolby Advanced Audio v2.

The S400 follows that exact same pattern: Intel ULV Core i3/i5 Ivy Bridge CPU, up to 500GB spinning platter hard drive, 4GB of RAM, optional AMD Radeon 7450M GPU, WiDi, 802.11 b/g/n Wi-Fi, stereo speakers and WiDi support. The differences include a larger 14" LED backlit display (at that same 1366×768 resolution, unfortunately) and an optional 32GB SSD.

The S400 comes in two different lid color options: a black interior and red lid, or a black interior with silver lid.

The S405 breaks the mold by replacing the Intel Ivy Bridge processor for an AMD A8 Trinity APU. It can also have up to 1TB of mechanical hard drive storage, 4GB of RAM, and optional AMD Radeon 7450M. Alternatively, it can be upgraded to a 32GB SSD. It features the same LED backlit 14" display and red/black or silver/black color scheme as the S400. The WiDi option does not appear to be included with the Ideapad S405 (which would make sense), but otherwise it is essentially the S400 without the Intel CPU/iGPU.

All three notebooks will be available later this month in the US, and the starting price is $499. The new Lenovo Ideapads make up a nice middle ground between expensive thin-and-light ultrabooks and low cost tablet+keyboard combinations. The quality of the keyboard and trackpad are really going to make or break the new S-series notebooks, because if they manage to pull off a good typing experience these could be some decent travel companions for people that need a productivity machine with a bit of "oomph" thanks to the Intel i5 or AMD Trinity APU. On the other hand, if the keyboard is crappy, the middle ground budget notebooks will really miss the entire point and road warriors will need to look elsewhere. Be on the lookout for reviews on these S-series Lenovo notebooks, as they look interesting for the money (if you are in the position of looking for a budget workhorse machine/one that would not be as terrible to lose on a trip, et al).

What do you think about the new budget Lenovo laptops?

Read more about IFA 2012.

The S300 even comes in pink: