Since a laptop takes up virtually no space, and since it never hurts to have a back-up emergency computer, I'd just keep it. It's certainly good enough for working and communicating online. You also can use it as your "experimental" computer for installing an open source OS, etc. Finally, there's always someone who could really use a computer. If you have an extra, it could help somebody out.
Answer
Since a laptop takes up virtually no space, and since it never hurts to have a back-up emergency computer, I'd just keep it. It's certainly good enough for working and communicating online. You also can use it as your "experimental" computer for installing an open source OS, etc. Finally, there's always someone who could really use a computer. If you have an extra, it could help somebody out.