They're postponing the release date by one-two months, it's not that bad. Pity about the downgraded specs; I guess that, if this project will be successfull, they might manage to match the original specs with a follow-up device.
I recently had a chat with greguu on #kexecboot (btw speculatrix, are you usually on IRC too?), and he raised an interesting question: since the display's native resolution is most probably portrait-oriented, how will they handle the screen rotation, and how much resources will this require?
Varti