Is it possible to run Linux on my Acer netbook?

Hi everybody!

Now I am turning the question upside-down. So far I have asked what to do about the specific problems I experience, but that has not resulted in being able to install Ubuntu yet.
The machine I would like to install some kind of Linux on is: Acer Aspire one netbook (model no. NAV50 532h-2Db) with Windows 7 Starter. About 1 year old.
The machine where I have been preparing the USB-memory is a Windows XP Pro SP3. The Acer netbook does not have a CD-drive of course.

So far I have tried most of the possible combinations of the following elements:

A1. ubuntu-10.04.2-desktop-i386.iso
A2. ubuntu-11.04-desktop-i386.iso
A3. ubuntu-10.04.2-alternate-i386.iso

B1. unetbootin-win-549.exe
B2. usb-creator.exe from 'A2.' (ubuntu-11.04)

C1. NOT reserving space on the USB-memory for saving files etc.
C2. Reserving space on the USB-memory for saving files etc.

So far the combination A1, B1, C1 has worked best, but as I say in the headline of my question https://answers.launchpad.net/ubuntu/+question/162765 : "Ubuntu 10.04 Install freezes at Step 3 of 7"
And, yes, I have used winMd5Sum to check the check-sum of the 3 iso-files.
I have even tried preparing the USB-memory (A1, B1, C1) on the Acer netbook, with the same result.

So now I am trying to turn the question upside-down:
Is it possible to install some kind of Linux, preferably Ubuntu, on the above mentioned Acer netbook?

I would like that very much, because it seems faster than Win7.

Thank you.

Henrik