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Panda Internet Security 2011 - any good?

I have the possibility of using my friends spare licence for Panda Internet Security 2011 but am a little confused as to what it provides.

Antivirus is mentioned on the official Panda website but then most reviews only refer to Mal-ware protection.

Can anyone tell me what protection this provides, if its any good and whether it'll destroy my 3 and half year old laptop?

For reference I have 1.5GB RAM and Intel T2050 processor and have Avast, Ad-aware and Microsoft Defender running. If I use the Panda stuff, can I remove Avast/Ad-aware?

Thanks a lot

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