With an i3 CPU and this feature: "Intel® HD Graphics 4000" I think you'll be OK.
That price seems a tad steep to me though. Here's a Toshiba with similar specs for $369: »
www.bestbuy.com/site/Tos ··· overviewAlso note that Staples has a coupon for $75-off Windows PC's this week. That might help you find a better deal.
I have a similar Samsung, but with the AMD A6 chip. It plays 1080p videos on the TV just fine.