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An entry level multi-core laptop CPU with a lowish spec but custom GPU and current Xbox 360 speed RAM.
But many hardware accelerators, lots of RAM, ESRAM for frame buffer storage and super fast bandwidth as well as 8 cores. Should be quite good in a fixed console design. Not the leap like 360/PS3 was over Xbox/PS2 but still interesting times ahead.

Looks like the Orbis will have the better GPU and faster RAM but less of it. Same CPU thought which is just boring.