If they can get this out in the first quarter of next year, it really does outperform the old nano by 20%, and it's lowered power consumption by a good amount, via could finally have a winner. 20% increase and its on a clock per clock performance with core solo (not core 2 solo) or perhaps some of the celerons in its price range. We could be looking at a low cost ULV platform.
Oh, and they really should use nvidia chipsets, it'd solve the primary weak point of the platform, though it might increase power consumption too much.