Yep, that is the CPU.Originally Posted by red comyn
"Intel" is the brand (the two main are "Intel" and "AMD", the former being the most famous, but I personnally much prefer the latter, which has on average slightly more powerful processors for a substancially smaller price ; though the battle between the both groups are fierce and common :D).
"Celeron" is the model. It's crap. Pure crap. No wonder you feel it's time to change :D
2.00 GHz is the frequency of your processor. It means how fast it goes (though it does NOT necessarily imply how powerful it is. It's a bit like the RPM on a car : the faster it goes, the faster the car goes, but a different car with a different engine can go much faster with a more powerful engine, even at lower RPM).
As for today, it's quite low frequency, though not completely obsolete.
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