Okay so basically its the new Netbook. Less Powerful then the New Macbook but much cheaper.
 Of course at this point just get a Chromebook, Google is really the only company that does cloud decently And that's from from a Apple Fan Geek.

Without getting hands on we are all guessing anyhow.

Lets be honest with each other now. If you are going toward a Chromebook. A Convertible tablet may be a better option for most of us.