Intel® HD Graphics with up to 1696MB total graphics memory. This any good?

depends if your Graphics card is built in or not do not know the exact english word for it but I'd recommend getting something that ain't built in

You would be lucky to play those games on low with intel integrated graphics.

"up to 1696mb video memory" = marketing scam

integrated graphics use your ram for their memory. So you can allocate ram to them. That computer would be able to allocate up to 1686mb of ram to video memory. (you have to do it, it wont do it by default).

But that is pretty much irrelevant. Video memory really actually have almost no affect on actual performance. you can have 1tb of video memory with integrated graphics and still not be able to play skyrim on lowest settings.

There is much more to graphics then video memory. manly its based on the number of processing cores and shader/core clocks of the card. which i believe intel hd has about like 16 processing cores, where as the min cards required to play newer games need probably like 160. (which would be equivalent to a 6450/6470m).

If you want to play games, id suggest you look for a laptop with atleast a 6470m graphics chipset.