Ok if it is true then:
1. It'll be low power, something like 20-30W so expect it to still be less powerful than the PS3/360. It'll probably be 1/2 to 2/3rds as powerful as an Xbox 360. It'll likely use a GPU derived off the ATI mobile parts, a low end DX10 mobile part is the most likely. Direct X 11 compatibility is too soon and too expensive to expect. A dual core POWER architecture could be it, or they could go for a low power dual core X86 from AMD.
2. The BRD is to allow for faster data streaming at low power/noise levels and to prevent piracy.
3. The console will come with an upscaling chip and HDMI output.
4. Games will be backwards / forwards compatible? I wonder if they will go for a DVD/BR hybrid?
(guesses)
Tease.