The EeePC is just a brand of netbook from Asus. (The original netbook was the first Asus EeePC model.)
Netbooks in general have relatively slow hardware, as they aim for both cheapness and smallness, and you might have trouble with playing videos on many of them. There are some exceptions - a couple of EeePC models are based on the ION platform, which means they have a proper Nvidia graphics processor, which can decode the video without relying on the weak CPU. But you won't get as big a hard disk in a base netbook model as in a full laptop.
Netbooks in general have relatively slow hardware, as they aim for both cheapness and smallness, and you might have trouble with playing videos on many of them. There are some exceptions - a couple of EeePC models are based on the ION platform, which means they have a proper Nvidia graphics processor, which can decode the video without relying on the weak CPU. But you won't get as big a hard disk in a base netbook model as in a full laptop.

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