Need advice for HTPC laptop, I5 520M ok for 1080p streaming and Steam streaming?

[Erik89]

Like the title says, would this laptop be up to the task?

The goal is streaming 1080p content from a different computer to the laptop. Maybe using the laptop to access network drives wirelessly.

Also being able to stream games using Steams streaming technology.

"Full" specs:
HP EliteBook 8440P
I5-520M
4 GB Ram
60 GB SSD

What is your opinion on this? The guy selling it wants 200 USD for it, but I think I can get it cheaper (Its from a business gone bankrupt I think).