In fact, Intel has confirmed to us that these devices will cost far less than typical Ultrabooks, which are already ridiculously skinny. In particular, Intel's PC client chief Kirk Skaugen says prices could dip as low as six hundred dollars, putting them on par with mid-range PCs. "[Core M 2 PCs] will be aggressively priced over premium tablets," he said in an interview, referring to competing devices like the iPad. He added, however, that for a 2-in-1 to be that cheap, it would have to be slightly thicker than the "Llama Mountain" reference PC we told you about earlier; that kind of machine might cost closer to $799. "I think Llama Mountain could deliver $799 kind of price points," he added. "Maybe they go a little thicker, but they'd still be fanless and hit $599, $699."
Accordingly, performance will fall short of a typical Ultrabook with a Core i5 or i7 processor, though it should still be an improvement over Intel's "Bay Trail" chips, found in many of today's 2-in-1s. Beyond that, Intel isn't making any specific claims, other than hinting at longer battery life (which would make sense, given the lower TDP). Whatever the performance is, though, we suspect it'll be good enough for mainstream users -- especially at this price.