There’s a great deal of controversy about flash being used as system storage - I read quite a lot on it while setting up my eee pc. Some things I found out in no particular order (and I apologise if any of this is painfully obvious to you - I’m new to linux);
Mounting drives as noatime or relatime in fstab will speed up your system, and massively reduce writes to SSD. There is very little disadvantage, unless you’re using certain antiquated routines which need atime for housekeeping - Ubuntu, for example, defaults to relatime, and hasn’t suffered for it. Try it, and if nothing breaks, you’re laughing.
You can set swapiness to a low value, and have a swap partition that the OS will do its darndest not to use. Equally, with a gig of RAM, you can just not have a swap partition - suspend won’t work, but netbooks tend to boot quickly anyway, and you don’t tend to do much number crunching on them, so it’s actually quite hard to fill up a gig.
Mounting root as ext2 also saves writes - the journal in ext3 gets hammered. Be advised though - your operating system will become corrupt more often. Probably wise to mount data partitions such as home as ext3 though, whatever you do - they’re written to less often, and data integrity is more important.
SDHC is slow. I’ve run operating systems on it, and it’s just about viable as an experiment - say, to try a new distro - but you’d never want to actually use it for computing. However, if you wanted to set swapiness low, and have some swap on an SDHC card for emergencies, it would be viable. Bear in mind that if you take the card out, you’ll likely crash the system.
Finally, if you really want to preserve your SSD, you can tell your system not to log system messages, or to do it tersely. If something goes wrong, you can change it back for diagnostic purposes. This has the disadvantage of meaning you may have trouble tracking down intermittent faults, but really, if it’s that intermittent, does it matter? For the things that you tend to be using a netbook for, you really don’t need full system logs most of the time. I wouldn’t know how to do it myself, but a quick google found this article, which looks like it might help… syslog Configuration