Nowadays we expect things to get better (well, at least in terms of faster processors...) so this won't achieve anything particularly partner shocking. If there weren't advances like this one, you'd be far more surprised because next year's phones would be no faster/more capable than this year's.
The phone has 256MB of RAM and a 1GHz processor, which do the job reasonably well, though the Anna interface will likely leave something to be desired for many smartphone users.
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Nowadays we expect things to get better (well, at least in terms of faster processors...) so this won't achieve anything particularly partner shocking. If there weren't advances like this one, you'd be far more surprised because next year's phones would be no faster/more capable than this year's.