[Eee Pad Transformer Q&A, Help & Troubleshooting] starplaya93:
I'm pretty much in the same boat as you bud. I bought the TF foreseeing that I would hopefully be able to us it for school and I was very pleased with my decision in the end.

To answer your questions...

It is a very viable (and in most case preferred) option to do basic school work on, especially simple stuff like note taking and editing documents. The included office app (Polaris) is actually a very nice feature and includes just about everything you would need to type an essay such as indentations, points/dots/whatever they are (as you were looking for), also includes numbering, double spacing, different font sizes and colors. Now it's not a full Microsoft Office replacement, but it definitely has all the basic features you'd be looking for.

You can also find a handful of microsoft office editors in the Android market. I haven't personally tested any of them yet (but will use them when school comes around) however from my knowledge they seem capable of editing word, powerpoint and couple other office applications--which is good enough for me.

To address the keyboard lag. I can speak from experience, when typing in most apps (especially apps like colournote, AKnotepad, Polaris or anything else that allows you to take notes or write extended paragraphs/papers) there is absolutely no lag with the keyboard. Once you get the hang of it, you will be typing at a decent wpm rate and you won't tell the difference between the tf dock keyboard and any other. There is however a noticeable lag when using the stock browser but from my knowledge this is due to having flash enabled and has nothing to do with the dock/keyboard itself. Also, the knew dolphintab browser seems much better at cleaning up any lag in the browser and I feel with the net couple updates it will be a near perfect option for tab browsing. That aside, I would like to reiterate the fact that the keyboard does not lag when using things related to note taking or Polaris office. It is for the most part a browser specific issue.

As far as highlighting words and copying and pasting, that is the one thing the tf doesn't really excel at. You can still copy/cut and paste pretty much anything you want but it is just not as fluid as using a pc.

So there you have it. The transformer is pretty much a nice fit for doing basic school work BUT it is not in any means a complete replacement for having a desktop/full size laptop. There will definitely be times when you will come across things that you just have to have a pc to do, but for the most part, especially when it comes to basic stuff like note taking and writing papers, the TF is perfect.

I would also like to note that there are some apps out there that let you control a pc from your android tablet/phone such as phoneymypc or logmein. I highly suggest taking a look into those as they are great tools that you can have at your disposal with the TF and will make being away from you pc all the much easier.

Like I said, i'm pretty much in the same boat as you. I'm an MIS major and I often get annoyed at having to lug around my laptop just to take notes and do basic remedial things that something much lighter and more compact such as the TF can do wonderfully....

One more thing (wow this is a long post). You can easily find top notch netbooks (which offer the productivity of a pc with the portability of a tablet) for the same or even lesser than the TF. This was one of the things I took into consideration before I got my TF. I had to ask myself am I getting this thing solely for school, or do I want it for the other things android has to offer (entertainment wise). Overall I decided that i'd go with the TF because to me it had the best of both worlds as I am a huge android fan and have been an early adopter since the days of the G1, so the TF was a perfect fit for me...Just something to keep in mind.