Forget about using it as a PC replacement!
I've been coming to work (started a new job last week) - and I don't have a PC here yet - so I've been bringing in a hefty laptop (i7, 8GB RAM, 256 GB SSD)... Got sick of lugging it in and home again (the power brick is huge!) - so yesterday I brought a tiny Samsung netbook in (Atom 1.3 Ghz, dual core, 2GB RAM 64 GB SSD) and hooked it up over VGA to a wide screen LCD (1680x1050).
Fired up Chromium (netbook running elementary OS freya 0.3.2 i386) - I always start up with my 6 favourite tabs open.
IT WAS UNUSABLE! Forget about running any decent web browser experience with CHIP... I have to use Office 365 / Outlook - and it would take like 2-5 minutes just to scroll down the page of emails in my inbox!
So I tried Firefox and Midori - Midori kept crashing after I opened up like a 4th or 5th tab. Didn't spend much time in Firefox... Didn't try IceWeasel (not readily / easily available on Ubuntu derived distros).
For my personal preferences, if a PC/laptop/portable can't run either Google-Chrome, or Chromium satisfactorily - it fails... The i7 laptop runs Chrome (I use Google's chrome browser on this beast [running Ubuntu Wily 15.10]).
I'll probably wipe that netbook and re-install Kali on it - XFCE should go okay on it.
P.S. I was using that netbook to remote (SSH) to some EC2 instances in Amazon I was managing, listening to music through Clementine and none of this was hampering me - it was f--king CHROMIUM (i.e. the open source version of Chrome browser)! That thing is a pig!
So - I'd reckon a CHIP on a VGA screen would be VERY unsatisfactory as a "desktop" experience.
I'll be using one of my CHIPs with PocketCHIP when it arrives - as a portable entertainment centre - but that's it... single core 512 MB of RAM - forget it for anything a PC can do!