Tell me what I have made up. Tell me.
EDIT: Okay, replying to your edited in second half of the post (that's a very confusing habit, by the way

): HTC One S is £269 off contract, Orange San Diego is £299 off contract. It's hardly an entry level price.
EDIT 2: ARGH, seriously, finish your post before you make it! I shall compare it to the HTC One S, in that case. The One S beat the Intel phone in all benchmarks other than the Sunspider benchmark. (Which is, as you helpfully pointed out, hardly a representative benchmark.)
EDIT 3: Hmm, actually, my quick Googling of prices on the San Diego was a bit shoddy. It appears the actual price from Orange themselves is £199. Still more midrange than entry level, but I see your point more.