If it is only going to be a triple core CPU, they better have upped the clock speed, cache sizes, etc. The other improvements, such as the R700 (which I think is the ATI HD 4800 series) and 2GB of RAM would be plenty for 1080p native, 3D, and quite improved graphics over the current 360/PS3 hardware.
The only MAJOR foreseeable setback in the future for this setup would be the CPU. Likely the next PS3 and 360 will have double the cores they have now, a slightly better graphics card, and more RAM.
The SSD is a good touch, though that means the internal storage will be limited to smaller amounts (such as 40-80GB) or it would be very costly. Maybe Nintendo has decided to go the route of cloud storage for game saves and whatnot to help reduce the need for HDD space?
Some of the games seem a bit unlikely as well. I cannot wait to see the reveal and see this hardware and games selection up close at E3 this year!
