Uh, no. You can't count the advantages and ignore the drawbacks.
Yes, it has a decent CPU. However it lacks some incredibly basic features such as a keyboard. Add a keyboard and a bluetooth mouse and the Surface is already over $1000.
Compared to a surface you could get a $600 acer ultrabook with a slightly slower CPU, but the advantage of actually coming with a keyboard + trackpad.
Or you could get an asus touchscreen ultrabook laptop such as
http://www.amazon.com/VivoBook-X202E...hscreen+laptop
It may not be an ultrabook by definition, but in actuality it can do everything the Surface can do, for about half the price.
It all comes down to the Surface having a very specific combination of features at a not-so generous price that makes it look very niche and unlikely to be successful, not unless they cut the price or release a new version.
Here is the Surface niche:
1- You want a tiny computer.
2- You need a lot of CPU so a regular netbook won't work, but you don't need good graphics.
3- You don't need a keyboard, or you are willing to spend an extra $100+ for one.
4- You don't need a real mouse, or you are willing to carry around a mouse in addition to the device, sacrificing portability.
5- You don't need great battery life of a tablet.
6- You are fine with paying high-end ultrabook prices and getting something that is measurably less than a real ultrabook.
7- You don't really need any significant storage space.
Are there any people who need something that fits all of those situations? Sure, a couple people might. I just don't think there will be as much demand as a product requires to be truly successful.