I'm all for this, whatever the spec.
The price point is going to make it possible for a lot more people to get involved.

400Mhz, 800Mhz in numbers terms still sound slow. Most of the mainstream netbooks that normal people have been exposed to will have an Atom 1.66Ghz cpu. SO whatever we get will look slow in comparison.

Amiga OS is lean and efficient though so it should make decent use of whatever Mhz there are available.