the 7000m is a very.... craptastic video "card".

your 752mb of ram is probably shared with your 2 gigs of main ram.

this card, actually, its basically onboard graphics, is worse than my Geforce 6200 le that i have for my web surfing computer. (on wow, a 6200 le gives me just over 15 fps at 1024x768, in desolace) so you dont have any problems with your laptop actually and i'd totally expect your computer to run WoW at 10fps, normally.